56, WELTON RISE, ST LEONARDS-ON-SEA, TN37 7RF - £423,500

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

56 WELTON RISE is a midsized detached house of 115m², built sometime from 2007 onwards. It was last sold for £423,500 in August 2021, which was around 8% below the average August 2021 detached price in the Hastings local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

56 WELTON RISE Sold Prices

Land registry data shows three sales for 56 WELTON RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Two of the three 56 WELTON RISE sales were for below the average price, whilst one was for above 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
2021 11 AUG	£423,500	£461,309	8% below HPI
2016 17 JUN	£329,950	£337,242	2% below HPI
2007 12 JAN	£260,000	£244,788	6% above HPI

56 WELTON RISE 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 three 56 WELTON RISE sales between January 2007 and August 2021 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 56 WELTON RISE?

56 WELTON RISE is 115m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 56 WELTON RISE lies on this distribution: 55% of detached houses are smaller than 56 WELTON RISE, and 44% of houses are larger. Note that EPC data is not available for all properties in Hastings.

56 WELTON RISE: Plot and Title Map

56 WELTON RISE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 56 WELTON RISE, 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 56 WELTON RISE). 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 56 WELTON RISE?

56 WELTON RISE is located in ST. LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 56 on WELTON RISE.