5, IONA CLOSE, HAILSHAM, BN27 3GA - £276,000

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

5 IONA CLOSE is a midsized extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £276,000 in May 2015, which was around 32% below the average May 2015 detached price in the Wealden local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

5 IONA CLOSE Sold Prices

Land registry data shows three sales for 5 IONA 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 5 IONA 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
2015 13 MAY	£276,000	£404,037	32% below HPI
2006 23 JUN	£242,000	£332,950	27% below HPI
2000 15 DEC	£149,950	£201,591	26% below HPI

5 IONA 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 5 IONA CLOSE sales between December 2000 and May 2015 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 June 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 IONA CLOSE?

5 IONA CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 5 IONA CLOSE lies on this distribution: 47% of detached houses are smaller than 5 IONA CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

5 IONA CLOSE: Plot and Title Map

5 IONA CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 IONA 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 5 IONA 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 5 IONA CLOSE?

5 IONA CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 5 on IONA CLOSE.