GREENROSE, CHANNEL WAY, FAIRLIGHT, HASTINGS, TN35 4BP - £840,000

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

GREENROSE is a very large extended detached house of 201m², built sometime between 2003 and 2006. It was last sold for £840,000 in February 2023, which was around 43% above the average February 2023 detached price in the Rother local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

GREENROSE Sold Prices

Land registry data shows three sales for GREENROSE 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. One of the three GREENROSE sales was for above the average price, whilst two 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
2023 17 FEB	£840,000	£586,063	43% above HPI
2017 4 SEP	£300,000	£434,150	31% below HPI
2006 2 FEB	£180,000	£283,083	36% below HPI

GREENROSE 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 GREENROSE sales between February 2006 and February 2023 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is GREENROSE?

GREENROSE is 201m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% 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 GREENROSE lies on this distribution: 93% of detached houses are smaller than GREENROSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

GREENROSE: Plot and Title Map

GREENROSE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of GREENROSE, 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 GREENROSE). 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 GREENROSE?

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