FARWAY, WINDMILL HILL, HAILSHAM, BN27 4RX - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FARWAY is a large detached house of 123m², built sometime between 1950 and 1966. It was last sold for £550,000 in April 2024, which was around 5% below the average April 2024 detached price in the Wealden local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

FARWAY Sold Prices

Land registry data shows three sales for FARWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Two of the three FARWAY sales were for below the average price, whilst one was 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
2024 18 APR	£550,000	£577,908	5% below HPI
2016 3 MAY	£470,000	£445,732	5% above HPI
2015 9 JAN	£325,000	£401,767	19% below HPI

FARWAY 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 three FARWAY sales between January 2015 and April 2024 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 May 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is FARWAY?

FARWAY is 123m² according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Windmill Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Windmill Hill, and where FARWAY lies on this distribution: 62% of detached houses are smaller than FARWAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Windmill Hill.

FARWAY: Plot and Title Map

FARWAY sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of FARWAY, 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 FARWAY). 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 FARWAY?

FARWAY is located in WINDMILL HILL, in the BN27 postcode district. The below map shows the position of FARWAY in WINDMILL HILL.