MIDWAY, COMMANDERS WALK, FAIRLIGHT, HASTINGS, TN35 4BE - £320,000

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

MIDWAY is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £320,000 in December 2022, which was around 47% below the average December 2022 detached price in the Rother local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

MIDWAY Sold Prices

Land registry data shows two sales for MIDWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Both of the two MIDWAY 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 9 DEC	£320,000	£606,602	47% below HPI
1997 27 NOV	£79,000	£116,367	32% below HPI

MIDWAY 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 two MIDWAY sales from November 1997 and December 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 November 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is MIDWAY?

MIDWAY is 99m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% 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 MIDWAY lies on this distribution: 39% of detached houses are smaller than MIDWAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

MIDWAY: Plot and Title Map

MIDWAY sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of MIDWAY, 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 MIDWAY). 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 MIDWAY?

MIDWAY is located on COMMANDERS WALK in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of MIDWAY on COMMANDERS WALK.