8, ROWAN CLOSE, ST LEONARDS-ON-SEA, TN37 7HS - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ROWAN CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £341,867. It was last sold for £295,000 in January 2020, which was around 30% below the average January 2020 detached price in the Hastings local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

8 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 8 ROWAN 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 8 ROWAN 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
2020 31 JAN	£295,000	£423,735	30% below HPI
2012 13 JUL	£197,500	£251,913	22% below HPI
2001 4 JUN	£106,000	£136,231	22% below HPI

8 ROWAN 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 8 ROWAN CLOSE sales between June 2001 and January 2020 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 ROWAN CLOSE be worth now?

8 ROWAN CLOSE might now be worth an estimated £341,867.

This is based on house price inflation of 15.9%, between January 2020 and December 2024, 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 15.9% inflationary increase is applied to the most recent sale price for 8 ROWAN CLOSE of £295,000 on 31st January 2020. For the value to have increased from £295,000 to £341,867 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 8 ROWAN CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The January 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ROWAN CLOSE has not materially changed since January 2020.

How Large is 8 ROWAN CLOSE?

8 ROWAN CLOSE is 65m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% 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 ROWAN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 ROWAN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hastings.

8 ROWAN CLOSE: Plot and Title Map

8 ROWAN CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 8 ROWAN 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 ROWAN 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 ROWAN CLOSE?

8 ROWAN CLOSE is located in ST. LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 8 on ROWAN CLOSE.