OAK LOOM COTTAGE, THE MOOR, WESTFIELD, HASTINGS, TN35 4QR - £315,000

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

OAK LOOM COTTAGE is a very small extended detached house of 86m², built sometime before 1900. It was last sold for £315,000 in June 2007, which was around 3% below the average June 2007 detached price in the Rother local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

OAK LOOM COTTAGE Sold Prices

Land registry data shows two sales for OAK LOOM COTTAGE 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 OAK LOOM 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
2007 29 JUN	£315,000	£324,859	3% below HPI
2002 25 OCT	£154,000	£229,718	33% below HPI

OAK LOOM COTTAGE 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 OAK LOOM COTTAGE sales from October 2002 and June 2007 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 October 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2007 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is OAK LOOM COTTAGE?

OAK LOOM COTTAGE is 86m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses in Westfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westfield, and where OAK LOOM COTTAGE lies on this distribution: 18% of detached houses are smaller than OAK LOOM COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Westfield.

OAK LOOM COTTAGE: Plot and Title Map

OAK LOOM COTTAGE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of OAK LOOM 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 OAK LOOM 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 OAK LOOM COTTAGE?

OAK LOOM COTTAGE is located on THE MOOR in WESTFIELD, in the TN35 postcode district. The below map shows the position of OAK LOOM COTTAGE on THE MOOR.