44, MELROSE CLOSE, HAILSHAM, BN27 3XP - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

44 MELROSE CLOSE is a small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £290,000 in April 2018, which was around 40% below the average April 2018 detached price in the Wealden local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

44 MELROSE CLOSE Sold Prices

Land registry data shows three sales for 44 MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 44 MELROSE CLOSE 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
2018 27 APR	£290,000	£479,905	40% below HPI
2000 6 APR	£128,500	£181,547	29% below HPI
1999 23 SEP	£110,950	£160,644	31% below HPI

44 MELROSE CLOSE 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 three 44 MELROSE CLOSE sales between September 1999 and April 2018 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 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 44 MELROSE CLOSE?

44 MELROSE CLOSE is 93m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 44 MELROSE CLOSE lies on this distribution: 32% of detached houses are smaller than 44 MELROSE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

44 MELROSE CLOSE: Plot and Title Map

44 MELROSE CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 44 MELROSE CLOSE, 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 44 MELROSE CLOSE). 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 44 MELROSE CLOSE?

44 MELROSE CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 44 on MELROSE CLOSE.