GORSE COTTAGE, CHANNEL WAY, FAIRLIGHT, HASTINGS, TN35 4BP - £595,000

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

GORSE COTTAGE is a very large extended detached house of 160m², built sometime between 1930 and 1949. It was last sold for £595,000 in October 2015, which was around 56% above the average October 2015 detached price in the Rother local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

GORSE COTTAGE Sold Prices

Land registry data shows three sales for GORSE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the three GORSE COTTAGE 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 23 OCT	£595,000	£380,587	56% above HPI
2007 14 DEC	£342,500	£336,741	2% above HPI
2006 20 DEC	£325,000	£306,226	6% above HPI

GORSE COTTAGE 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 three GORSE COTTAGE sales between December 2006 and October 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 December 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is GORSE COTTAGE?

GORSE COTTAGE is 160m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Fairlight Cove, based on EPC data. The below chart shows the distribution of detached houses by size in Fairlight Cove, and where GORSE COTTAGE lies on this distribution: 86% of detached houses are smaller than GORSE COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

GORSE COTTAGE: Plot and Title Map

GORSE COTTAGE sits on a plot of roughly 0.403 of an acre, or 1,631m². The below map shows the location of GORSE COTTAGE, 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 GORSE COTTAGE). 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 GORSE COTTAGE?

GORSE COTTAGE is located on CHANNEL WAY in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of GORSE COTTAGE on CHANNEL WAY.