7, OAKLEA CLOSE, ST LEONARDS-ON-SEA, TN37 7HB - £378,000

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

7 OAKLEA CLOSE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £378,000 in July 2024, which was around 24% below the average July 2024 detached price in the Hastings local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

7 OAKLEA CLOSE Sold Prices

Land registry data shows three sales for 7 OAKLEA CLOSE 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. All of the three 7 OAKLEA 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
2024 19 JUL	£378,000	£497,056	24% below HPI
2001 19 JAN	£104,000	£124,023	16% below HPI
1996 1 APR	£67,000	£70,014	4% below HPI

7 OAKLEA 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 three 7 OAKLEA CLOSE sales between April 1996 and July 2024 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 January 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 OAKLEA CLOSE?

7 OAKLEA CLOSE is 89m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% 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 OAKLEA CLOSE lies on this distribution: 29% of detached houses are smaller than 7 OAKLEA CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hastings.

7 OAKLEA CLOSE: Plot and Title Map

7 OAKLEA CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 OAKLEA 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 OAKLEA 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 OAKLEA CLOSE?

7 OAKLEA CLOSE is located in ST. LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 7 on OAKLEA CLOSE.