7, IONA CLOSE, HAILSHAM, BN27 3GA - £340,000

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 IONA CLOSE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £340,000 in July 2019, which was around 31% below the average July 2019 detached price in the Wealden local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

7 IONA CLOSE Sold Prices

Land registry data shows four sales for 7 IONA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 7 IONA CLOSE 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 11 JUL	£340,000	£493,152	31% below HPI
2017 26 MAY	£327,500	£472,390	31% below HPI
2006 21 JUL	£268,000	£330,504	19% below HPI
2001 31 JUL	£155,000	£210,681	26% below HPI

7 IONA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 7 IONA CLOSE sales between July 2001 and July 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 May 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2019 sale, which was also at 31% below the HPI.

How Large is 7 IONA CLOSE?

7 IONA CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 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 7 IONA CLOSE lies on this distribution: 74% of detached houses are smaller than 7 IONA CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

7 IONA CLOSE: Plot and Title Map

7 IONA CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 7 IONA CLOSE, 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 IONA CLOSE). 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 7 IONA CLOSE?

7 IONA CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 7 on IONA CLOSE.