FAIRMILE, HAWKSWOOD ROAD, HAILSHAM, BN27 1UG - £127,500

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

FAIRMILE is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £127,500 in May 2002, which was around 43% below the average May 2002 detached price in the Wealden local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

FAIRMILE Sold Prices

Land registry data shows two sales for FAIRMILE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two FAIRMILE 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
2002 22 MAY	£127,500	£222,855	43% below HPI
1998 9 DEC	£81,374	£148,747	45% below HPI

FAIRMILE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two FAIRMILE sales from December 1998 and May 2002 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 December 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2002 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is FAIRMILE?

FAIRMILE is 64m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where FAIRMILE lies on this distribution: 5% of detached houses are smaller than FAIRMILE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

FAIRMILE: Plot and Title Map

FAIRMILE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of FAIRMILE, 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 FAIRMILE). 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 FAIRMILE?

FAIRMILE is located on HAWKSWOOD ROAD in HAILSHAM, in the BN27 postcode district. The below map shows the position of FAIRMILE on HAWKSWOOD ROAD.