NEWLYN, SHEPHERDS WAY, FAIRLIGHT, HASTINGS, TN35 4BB - £350,000

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

NEWLYN is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £350,000 in September 2020, which was around 24% below the average September 2020 detached price in the Rother local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

NEWLYN Sold Prices

Land registry data shows three sales for NEWLYN 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 NEWLYN 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
2020 25 SEP	£350,000	£459,331	24% below HPI
2018 26 JAN	£277,500	£429,178	35% below HPI
2001 11 MAY	£141,000	£171,709	18% below HPI

NEWLYN 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 NEWLYN sales between May 2001 and September 2020 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 January 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is NEWLYN?

NEWLYN is 86m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% 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 NEWLYN lies on this distribution: 23% of detached houses are smaller than NEWLYN, and 76% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

NEWLYN: Plot and Title Map

NEWLYN sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of NEWLYN, 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 NEWLYN). 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 NEWLYN?

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