ROSE COTTAGE, WAITES LANE, FAIRLIGHT, HASTINGS, TN35 4AX - £227,000

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

ROSE COTTAGE is a large detached house of 124m², built sometime between 1900 and 1929. It was last sold for £227,000 in November 2023, which was around 60% below the average November 2023 detached price in the Rother local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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 ROSE 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
2023 13 NOV	£227,000	£567,209	60% below HPI
2003 7 FEB	£135,000	£236,347	43% below HPI

ROSE 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 ROSE COTTAGE sales from February 2003 and November 2023 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 February 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2023 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 124m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 ROSE COTTAGE lies on this distribution: 65% of detached houses are smaller than ROSE COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on WAITES LANE in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of ROSE COTTAGE on WAITES LANE.