7, MARLBOROUGH CLOSE, ST LEONARDS-ON-SEA, TN38 0RY - £321,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MARLBOROUGH CLOSE is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £399,993. It was last sold for £321,500 in February 2018, which was around 18% below the average February 2018 detached price in the Hastings local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

7 MARLBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 7 MARLBOROUGH CLOSE 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 7 MARLBOROUGH 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
2018 9 FEB	£321,500	£393,076	18% below HPI
2008 1 APR	£245,000	£274,464	11% below HPI

7 MARLBOROUGH CLOSE 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 7 MARLBOROUGH CLOSE sales from April 2008 and February 2018 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 April 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 MARLBOROUGH CLOSE be worth now?

7 MARLBOROUGH CLOSE might now be worth an estimated £399,993.

This is based on house price inflation of 24.4%, between February 2018 and February 2025, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.4% inflationary increase is applied to the most recent sale price for 7 MARLBOROUGH CLOSE of £321,500 on 9th February 2018. For the value to have increased from £321,500 to £399,993 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 MARLBOROUGH CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The February 2018 sale price of £321,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MARLBOROUGH CLOSE has not materially changed since February 2018.

How Large is 7 MARLBOROUGH CLOSE?

7 MARLBOROUGH CLOSE is 100m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 7 MARLBOROUGH CLOSE lies on this distribution: 40% of detached houses houses are smaller than 7 MARLBOROUGH CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hastings.

7 MARLBOROUGH CLOSE: Plot and Title Map

7 MARLBOROUGH CLOSE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 7 MARLBOROUGH 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 MARLBOROUGH 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 MARLBOROUGH CLOSE?

7 MARLBOROUGH CLOSE is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 7 on MARLBOROUGH CLOSE.