LILAC COTTAGE, GARDNER STREET, HERSTMONCEUX, HAILSHAM, BN27 4LE - £390,000

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

LILAC COTTAGE is a midsized extended detached house of 86m², built sometime before 1900. It was last sold for £390,000 in March 2022, which was around 31% below the average March 2022 detached price in the Wealden local authority area. The most recent EPC inspection was July 2013, where the current energy rating was F, and the potential energy rating was D.

LILAC COTTAGE Sold Prices

Land registry data shows five sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five LILAC COTTAGE 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
2022 18 MAR	£390,000	£567,648	31% below HPI
2017 6 APR	£300,000	£472,501	37% below HPI
2004 15 DEC	£250,000	£312,260	20% below HPI
1997 12 SEP	£97,000	£126,758	23% below HPI
1995 12 MAY	£83,000	£110,660	25% below HPI

LILAC COTTAGE 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 five LILAC COTTAGE sales between May 1995 and March 2022 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 April 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 86m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Herstmonceux, based on EPC data. The below chart shows the distribution of detached houses by size in Herstmonceux, and where LILAC COTTAGE lies on this distribution: 47% of detached houses are smaller than LILAC COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Herstmonceux.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on GARDNER STREET in HERSTMONCEUX, in the BN27 postcode district. The below map shows the position of LILAC COTTAGE on GARDNER STREET.