SPARK COTTAGE, FYRSWAY, FAIRLIGHT, HASTINGS, TN35 4BG - £385,000

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

SPARK COTTAGE is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £385,000 in November 2020, which was around 21% below the average November 2020 detached price in the Rother local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was B.

SPARK COTTAGE Sold Prices

Land registry data shows two sales for SPARK 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 SPARK 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
2020 10 NOV	£385,000	£488,366	21% below HPI
2013 30 JAN	£220,000	£310,164	29% below HPI

SPARK 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 SPARK COTTAGE sales from January 2013 and November 2020 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 January 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is SPARK COTTAGE?

SPARK COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 SPARK COTTAGE lies on this distribution: 18% of detached houses are smaller than SPARK COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

SPARK COTTAGE: Plot and Title Map

SPARK COTTAGE sits on a plot of roughly 0.241 of an acre, or 974m². The below map shows the location of SPARK 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 SPARK 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 SPARK COTTAGE?

SPARK COTTAGE is located on FYRSWAY in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of SPARK COTTAGE on FYRSWAY.