CHERRY OAK, STONESTILE LANE, HASTINGS, TN35 4PE - £234,000

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

CHERRY OAK is a midsized semi-detached house of 103m², built sometime before 1900. It was last sold for £234,000 in March 2014, which was around 29% below the average March 2014 detached price in the Rother local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

CHERRY OAK Sold Prices

Land registry data shows four sales for CHERRY OAK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the four CHERRY OAK 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
2014 3 MAR	£234,000	£327,587	29% below HPI
2010 3 SEP	£225,000	£319,616	30% below HPI
2003 3 FEB	£165,000	£236,347	30% below HPI
1997 29 AUG	£79,950	£111,929	29% below HPI

CHERRY OAK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The four CHERRY OAK sales between August 1997 and March 2014 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 September 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is CHERRY OAK?

CHERRY OAK is 103m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where CHERRY OAK lies on this distribution: 43% of detached houses are smaller than CHERRY OAK, and 57% of houses are larger. Note that EPC data is not available for all properties in Hastings.

CHERRY OAK: Plot and Title Map

CHERRY OAK sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of CHERRY OAK, 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 CHERRY OAK). 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 CHERRY OAK?

CHERRY OAK is located on STONESTILE LANE in HASTINGS, in the TN35 postcode district. The below map shows the position of CHERRY OAK on STONESTILE LANE.