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
5 LAVENDER CLOSE is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £363,000 in November 2015, which was around 18% below the average November 2015 detached price in the Wealden local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 5 LAVENDER CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 5 LAVENDER 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 19 NOV | £363,000 | £440,861 | 18% below HPI |
2014 14 MAY | £310,000 | £373,617 | 17% below HPI |
2003 25 FEB | £249,500 | £286,764 | 13% below HPI |
1999 21 MAY | £139,950 | £149,284 | 6% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 5 LAVENDER CLOSE sales between May 1999 and November 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 May 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
5 LAVENDER CLOSE is 122m² according to the EPC inspection conducted in December 2014. 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 5 LAVENDER CLOSE lies on this distribution: 67% of detached houses are smaller than 5 LAVENDER CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
5 LAVENDER CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 5 LAVENDER 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 LAVENDER 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.
5 LAVENDER CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 5 on LAVENDER CLOSE.