41, THE DRIVE, HAILSHAM, BN27 3HW - £87,750

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

41 THE DRIVE is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £87,750 in December 1998, which was around 41% below the average December 1998 detached price in the Wealden local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

41 THE DRIVE Sold Prices

Land registry data shows two sales for 41 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 41 THE DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 4 DEC	£87,750	£148,747	41% below HPI
1997 17 APR	£76,000	£118,053	36% below HPI

41 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 41 THE DRIVE sales from April 1997 and December 1998 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 1998 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 41 THE DRIVE?

41 THE DRIVE is 124m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 41 THE DRIVE lies on this distribution: 68% of detached houses are smaller than 41 THE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

41 THE DRIVE: Plot and Title Map

41 THE DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 41 THE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 41 THE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 41 THE DRIVE?

41 THE DRIVE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 41 on THE DRIVE.