FAIRLIGHT WAYE, PETT LEVEL ROAD, PETT LEVEL, HASTINGS, TN35 4EE - £512,500

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

FAIRLIGHT WAYE is a very large extended detached house of 252m², built sometime between 1900 and 1929. It was last sold for £512,500 in January 2015, which was around 45% above the average January 2015 detached price in the Rother local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

FAIRLIGHT WAYE Sold Prices

Land registry data shows two sales for FAIRLIGHT WAYE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Both of the two FAIRLIGHT WAYE sales were for above 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 30 JAN	£512,500	£353,213	45% above HPI
1998 19 JUN	£174,000	£122,734	42% above HPI

FAIRLIGHT WAYE 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 two FAIRLIGHT WAYE sales from June 1998 and January 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 June 1998 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2015 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is FAIRLIGHT WAYE?

FAIRLIGHT WAYE is 252m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses in Pett, based on EPC data. The below chart shows the distribution of detached houses by size in Pett, and where FAIRLIGHT WAYE lies on this distribution: 94% of detached houses are smaller than FAIRLIGHT WAYE, and 6% of houses are larger. Note that EPC data is not available for all properties in Pett.

FAIRLIGHT WAYE: Plot and Title Map

FAIRLIGHT WAYE sits on a plot of roughly 0.249 of an acre, or 1,009m². The below map shows the location of FAIRLIGHT WAYE, 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 FAIRLIGHT WAYE). 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 FAIRLIGHT WAYE?

FAIRLIGHT WAYE is located on PETT LEVEL ROAD in PETT LEVEL, in the TN35 postcode district. The below map shows the position of FAIRLIGHT WAYE on PETT LEVEL ROAD.