ROSEMOUNT, GORSETHORN WAY, FAIRLIGHT, HASTINGS, TN35 4BQ - £330,000

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

ROSEMOUNT is a very small detached house of 72m², built sometime between 1930 and 1949. It was last sold for £330,000 in July 2017, which was around 22% below the average July 2017 detached price in the Rother local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

ROSEMOUNT Sold Prices

Land registry data shows three sales for ROSEMOUNT 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 ROSEMOUNT 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
2017 27 JUL	£330,000	£425,521	22% below HPI
1998 14 AUG	£120,000	£126,550	5% below HPI
1995 30 AUG	£74,000	£94,885	22% below HPI

ROSEMOUNT 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 ROSEMOUNT sales between August 1995 and July 2017 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 August 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is ROSEMOUNT?

ROSEMOUNT is 72m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 ROSEMOUNT lies on this distribution: 7% of detached houses are smaller than ROSEMOUNT, and 92% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

ROSEMOUNT: Plot and Title Map

ROSEMOUNT sits on a plot of roughly 0.256 of an acre, or 1,038m². The below map shows the location of ROSEMOUNT, 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 ROSEMOUNT). 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 ROSEMOUNT?

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