JIMAL, SPRINGFIELD CLOSE, WESTHAM, PEVENSEY, BN24 5JE - £450,000

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

JIMAL is a large detached house of 113m², built sometime between 1983 and 1990. It was last sold for £450,000 in November 2023, which was around 22% below the average November 2023 detached price in the Wealden local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

JIMAL Sold Prices

Land registry data shows four sales for JIMAL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four JIMAL 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
2023 27 NOV	£450,000	£580,438	22% below HPI
2016 21 OCT	£315,000	£476,509	34% below HPI
2013 20 DEC	£249,950	£374,043	33% below HPI
2001 20 DEC	£185,000	£213,498	13% below HPI

JIMAL 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 four JIMAL sales between December 2001 and November 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 October 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is JIMAL?

JIMAL is 113m² according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Westham, based on EPC data. The below chart shows the distribution of detached houses by size in Westham, and where JIMAL lies on this distribution: 63% of detached houses are smaller than JIMAL, and 36% of houses are larger. Note that EPC data is not available for all properties in Westham.

JIMAL: Plot and Title Map

JIMAL sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of JIMAL, 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 JIMAL). 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 JIMAL?

JIMAL is located on SPRINGFIELD CLOSE in WESTHAM, in the BN24 postcode district. The below map shows the position of JIMAL on SPRINGFIELD CLOSE.