43, REEDSWOOD ROAD, ST LEONARDS-ON-SEA, TN38 8DW - £295,000

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

43 REEDSWOOD ROAD is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £295,000 in November 2020, which was around 31% below the average November 2020 detached price in the Hastings local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

43 REEDSWOOD ROAD Sold Prices

Land registry data shows two sales for 43 REEDSWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 43 REEDSWOOD ROAD 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
2020 25 NOV	£295,000	£428,058	31% below HPI
2017 3 NOV	£247,000	£387,080	36% below HPI

43 REEDSWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The two 43 REEDSWOOD ROAD sales from November 2017 and November 2020 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 November 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 43 REEDSWOOD ROAD?

43 REEDSWOOD ROAD is 87m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 43 REEDSWOOD ROAD lies on this distribution: 27% of detached houses are smaller than 43 REEDSWOOD ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Hastings.

43 REEDSWOOD ROAD: Plot and Title Map

43 REEDSWOOD ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 43 REEDSWOOD ROAD, 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 43 REEDSWOOD ROAD). 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 43 REEDSWOOD ROAD?

43 REEDSWOOD ROAD is located in ST LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 43 on REEDSWOOD ROAD.