9, IRONLATCH CLOSE, ST LEONARDS-ON-SEA, TN38 9JQ - £345,000

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.

9 IRONLATCH CLOSE is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £415,226. It was last sold for £345,000 in February 2019, which was around 15% below the average February 2019 detached price in the Hastings local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

9 IRONLATCH CLOSE Sold Prices

Land registry data shows four sales for 9 IRONLATCH 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 Hastings local authority area for the corresponding sale date. All of the four 9 IRONLATCH 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 18 FEB	£345,000	£406,333	15% below HPI
2017 23 NOV	£300,000	£399,551	25% below HPI
2014 9 SEP	£226,000	£293,983	23% below HPI
1997 19 SEP	£84,950	£85,439	1% below HPI

9 IRONLATCH 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 four 9 IRONLATCH CLOSE sales between September 1997 and February 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 November 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 9 IRONLATCH CLOSE be worth now?

9 IRONLATCH CLOSE might now be worth an estimated £415,226.

This is based on house price inflation of 20.4%, between February 2019 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 20.4% inflationary increase is applied to the most recent sale price for 9 IRONLATCH CLOSE of £345,000 on 18th February 2019. For the value to have increased from £345,000 to £415,226 over the six years to February 2025, the following assumptions must hold true:

• The value of 9 IRONLATCH CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The February 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 9 IRONLATCH CLOSE has not materially changed since February 2019.

How Large is 9 IRONLATCH CLOSE?

9 IRONLATCH CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% 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 9 IRONLATCH CLOSE lies on this distribution: 17% of detached houses houses are smaller than 9 IRONLATCH CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hastings.

9 IRONLATCH CLOSE: Plot and Title Map

9 IRONLATCH CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 9 IRONLATCH 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 9 IRONLATCH 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 9 IRONLATCH CLOSE?

9 IRONLATCH CLOSE is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 9 on IRONLATCH CLOSE.