NEW OAKS, BUTCHERS LANE, THREE OAKS, HASTINGS, TN35 4NE - £650,000

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

NEW OAKS is a large extended detached house of 169m², built sometime between 1983 and 1990. It was last sold for £650,000 in March 2022, which was around 19% above the average March 2022 detached price in the Rother local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

NEW OAKS Sold Prices

Land registry data shows four sales for NEW OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Most of the four NEW OAKS 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
2022 29 MAR	£650,000	£546,865	19% above HPI
2017 21 SEP	£462,500	£434,150	7% above HPI
2012 5 NOV	£365,000	£315,800	16% above HPI
2007 15 JUN	£235,000	£324,859	28% below HPI

NEW OAKS 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 four NEW OAKS sales between June 2007 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 September 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is NEW OAKS?

NEW OAKS is 169m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses in Three Oaks, based on EPC data. The below chart shows the distribution of detached houses by size in Three Oaks, and where NEW OAKS lies on this distribution: 72% of detached houses are smaller than NEW OAKS, and 28% of houses are larger. Note that EPC data is not available for all properties in Three Oaks.

NEW OAKS: Plot and Title Map

NEW OAKS sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of NEW OAKS, 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 NEW OAKS). 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 NEW OAKS?

NEW OAKS is located on BUTCHERS LANE in THREE OAKS, in the TN35 postcode district. The below map shows the position of NEW OAKS on BUTCHERS LANE.