PARKLANDS, MORGAY WOOD LANE, THREE OAKS, HASTINGS, TN35 4NF - £422,500

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

PARKLANDS is a large detached house of 162m², built sometime between 1976 and 1982. It was last sold for £422,500 in February 2014, which was around 29% above the average February 2014 detached price in the Rother local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

PARKLANDS Sold Prices

Land registry data shows three sales for PARKLANDS 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 PARKLANDS 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
2014 21 FEB	£422,500	£327,540	29% above HPI
2005 24 NOV	£352,500	£284,354	24% above HPI
2003 12 DEC	£295,000	£269,205	10% above HPI

PARKLANDS 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 PARKLANDS sales between December 2003 and February 2014 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 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is PARKLANDS?

PARKLANDS is 162m² according to the EPC inspection conducted in October 2013. This puts it in the largest 40% 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 PARKLANDS lies on this distribution: 67% of detached houses are smaller than PARKLANDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Three Oaks.

PARKLANDS: Plot and Title Map

PARKLANDS sits on a plot of roughly 0.361 of an acre, or 1,463m². The below map shows the location of PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

PARKLANDS is located on MORGAY WOOD LANE in THREE OAKS, in the TN35 postcode district. The below map shows the position of PARKLANDS on MORGAY WOOD LANE.