8, NETHERWOOD CLOSE, HASTINGS, TN34 2RE - £245,000

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.

8 NETHERWOOD CLOSE is a large extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £402,307. It was last sold for £245,000 in April 2015, which was around 19% below the average April 2015 detached price in the Hastings local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 NETHERWOOD CLOSE Sold Prices

Land registry data shows two sales for 8 NETHERWOOD 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 8 NETHERWOOD 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
2015 29 APR	£245,000	£302,516	19% below HPI
2005 6 JUL	£210,000	£240,109	13% below HPI

8 NETHERWOOD 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 8 NETHERWOOD CLOSE sales from July 2005 and April 2015 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 July 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 NETHERWOOD CLOSE be worth now?

8 NETHERWOOD CLOSE might now be worth an estimated £402,307.

This is based on house price inflation of 64.2%, between April 2015 and March 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 64.2% inflationary increase is applied to the most recent sale price for 8 NETHERWOOD CLOSE of £245,000 on 29th April 2015. For the value to have increased from £245,000 to £402,307 over the ten years and one month to March 2025, the following assumptions must hold true:

• The value of 8 NETHERWOOD CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The April 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NETHERWOOD CLOSE has not materially changed since April 2015.

How Large is 8 NETHERWOOD CLOSE?

8 NETHERWOOD CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 8 NETHERWOOD CLOSE lies on this distribution: 61% of detached houses houses are smaller than 8 NETHERWOOD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Hastings.

8 NETHERWOOD CLOSE: Plot and Title Map

8 NETHERWOOD CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 8 NETHERWOOD 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 8 NETHERWOOD 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 8 NETHERWOOD CLOSE?

8 NETHERWOOD CLOSE is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 8 on NETHERWOOD CLOSE.