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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 35% 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	£416,932	35% below HPI
2007 2 AUG	£235,000	£274,960	15% below HPI
2005 12 AUG	£169,950	£242,997	30% below HPI
1997 27 JUN	£72,450	£79,781	9% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 5 THE SPINNEY be worth now?

5 THE SPINNEY might now be worth an estimated £320,357.

This is based on house price inflation of 17.8%, between December 2019 and December 2024, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 5 THE SPINNEY of £272,000 on 18th December 2019. For the value to have increased from £272,000 to £320,357 over the five years to December 2024, the following assumptions must hold true:

• The value of 5 THE SPINNEY has moved in line with the HPI for detached houses in the Hastings local authority area.
• The December 2019 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE SPINNEY has not materially changed since December 2019.

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 houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 5 THE SPINNEY lies on this distribution: 30% of detached houses 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.