519, THE RIDGE, HASTINGS, TN34 2RT - £330,000

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

519 THE RIDGE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £330,000 in February 2024, which was around 32% below the average February 2024 detached price in the Hastings local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

519 THE RIDGE Sold Prices

Land registry data shows two sales for 519 THE RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 519 THE RIDGE 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
2024 23 FEB	£330,000	£483,814	32% below HPI
2002 27 MAR	£115,000	£158,901	28% below HPI

519 THE RIDGE 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 two 519 THE RIDGE sales from March 2002 and February 2024 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 March 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 519 THE RIDGE?

519 THE RIDGE is 78m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 519 THE RIDGE lies on this distribution: 15% of detached houses are smaller than 519 THE RIDGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hastings.

519 THE RIDGE: Plot and Title Map

519 THE RIDGE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 519 THE RIDGE, 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 519 THE RIDGE). 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 519 THE RIDGE?

519 THE RIDGE is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 519 on THE RIDGE.