LANESIDE, FARLEY WAY, FAIRLIGHT, HASTINGS, TN35 4AS - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LANESIDE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £340,000 in October 2011, which was around 7% above the average October 2011 detached price in the Rother local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

LANESIDE Sold Prices

Land registry data shows three sales for LANESIDE 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 LANESIDE 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
2011 11 OCT	£340,000	£316,787	7% above HPI
2009 29 JUL	£327,500	£283,682	15% above HPI
2006 26 JAN	£320,000	£286,013	12% above HPI

LANESIDE 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 LANESIDE sales between January 2006 and October 2011 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 July 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2011 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might LANESIDE be worth now?

LANESIDE might now be worth an estimated £606,857.

This is based on house price inflation of 78.5%, between October 2011 and December 2024, for detached houses, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.5% inflationary increase is applied to the most recent sale price for LANESIDE of £340,000 on 11th October 2011. For the value to have increased from £340,000 to £606,857 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of LANESIDE has moved in line with the HPI for detached houses in the Rother local authority area.
• The October 2011 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of LANESIDE has not materially changed since October 2011.

How Large is LANESIDE?

LANESIDE is 73m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses houses in Fairlight Cove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairlight Cove, and where LANESIDE lies on this distribution: 8% of detached houses houses are smaller than LANESIDE, and 92% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

LANESIDE: Plot and Title Map

LANESIDE sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of LANESIDE, 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 LANESIDE). 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 LANESIDE?

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