5, THE SPINNEY, HASTINGS, TN34 1YE - £272,000

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

5 THE SPINNEY is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £272,000 in December 2019, which was around 33% below the average December 2019 detached price in the Hastings local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

5 THE SPINNEY Sold Prices

Land registry data shows four sales for 5 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. All of the four 5 THE SPINNEY 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
2019 18 DEC	£272,000	£403,918	33% below HPI
2007 2 AUG	£235,000	£266,377	12% below HPI
2005 12 AUG	£169,950	£235,413	28% below HPI
1997 27 JUN	£72,450	£77,291	6% below HPI

5 THE SPINNEY 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 four 5 THE SPINNEY sales between June 1997 and December 2019 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 August 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 THE SPINNEY?

5 THE SPINNEY is 90m², which includes one extension, according to the EPC inspection conducted in March 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 5 THE SPINNEY lies on this distribution: 30% of detached houses are smaller than 5 THE SPINNEY, and 69% of houses are larger. Note that EPC data is not available for all properties in Hastings.

5 THE SPINNEY: Plot and Title Map

5 THE SPINNEY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 5 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

5 THE SPINNEY is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 5 on THE SPINNEY.