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
6 FARMLAND WAY is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £350,000 in April 2023, which was around 41% below the average April 2023 detached price in the Wealden local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows three sales for 6 FARMLAND WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 6 FARMLAND WAY 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 |
---|---|---|---|
2023 3 APR | £350,000 | £591,188 | 41% below HPI |
2017 5 SEP | £270,000 | £479,685 | 44% below HPI |
2015 29 JAN | £200,000 | £401,767 | 50% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 6 FARMLAND WAY sales between January 2015 and April 2023 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 September 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2023 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.
6 FARMLAND WAY is 85m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 6 FARMLAND WAY lies on this distribution: 23% of detached houses are smaller than 6 FARMLAND WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Hailsham.
6 FARMLAND WAY sits on a plot of roughly 1.3 acres, or 5,097m². The below map shows the location of 6 FARMLAND WAY, 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 6 FARMLAND WAY). 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.
6 FARMLAND WAY is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 6 on FARMLAND WAY.