PANAYIA, BROADWAY, FAIRLIGHT, HASTINGS, TN35 4DA - £380,000

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

PANAYIA is a large detached house of 128m², built sometime between 1967 and 1975. It was last sold for £380,000 in April 2024, which was around 30% below the average April 2024 detached price in the Rother local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

PANAYIA Sold Prices

Land registry data shows three sales for PANAYIA 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. One of the three PANAYIA sales was for below the average price, whilst two 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
2024 10 APR	£380,000	£544,979	30% below HPI
2004 20 MAY	£300,000	£269,676	11% above HPI
1999 29 OCT	£148,000	£144,452	2% above HPI

PANAYIA 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 PANAYIA sales between October 1999 and April 2024 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 May 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is PANAYIA?

PANAYIA is 128m² according to the EPC inspection conducted in July 2021. This puts it in the largest 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 PANAYIA lies on this distribution: 70% of detached houses are smaller than PANAYIA, and 30% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

PANAYIA: Plot and Title Map

PANAYIA sits on a plot of roughly 0.299 of an acre, or 1,209m². The below map shows the location of PANAYIA, 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 PANAYIA). 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 PANAYIA?

PANAYIA is located on BROADWAY in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of PANAYIA on BROADWAY.