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
7 FAIRFAX AVENUE is a very large extended detached house of 197m², built sometime between 1991 and 1995. It was last sold for £530,000 in September 2023, which was around 6% above the average September 2023 detached price in the Hastings local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 7 FAIRFAX AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. All of the five 7 FAIRFAX AVENUE sales were 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 |
---|---|---|---|
2023 6 SEP | £530,000 | £499,012 | 6% above HPI |
2004 28 MAY | £249,000 | £218,037 | 14% above HPI |
2003 20 AUG | £240,000 | £215,782 | 11% above HPI |
1999 29 NOV | £135,000 | £106,049 | 27% above HPI |
1996 25 APR | £92,500 | £70,014 | 32% above HPI |
The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The five 7 FAIRFAX AVENUE sales between April 1996 and September 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 May 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
7 FAIRFAX AVENUE is 197m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 7 FAIRFAX AVENUE lies on this distribution: 91% of detached houses are smaller than 7 FAIRFAX AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Hastings.
7 FAIRFAX AVENUE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 7 FAIRFAX AVENUE, 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 7 FAIRFAX AVENUE). 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.
7 FAIRFAX AVENUE is located in ST. LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 7 on FAIRFAX AVENUE.