SPRINGHAVEN, WESTERN ROAD, HAILSHAM, BN27 3DY - £470,000

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

SPRINGHAVEN is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £470,000 in October 2022, which was around 25% below the average October 2022 detached price in the Wealden local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

SPRINGHAVEN Sold Prices

Land registry data shows two sales for SPRINGHAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two SPRINGHAVEN 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
2022 20 OCT	£470,000	£622,554	25% below HPI
2020 13 JUL	£230,000	£493,125	53% below HPI

SPRINGHAVEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two SPRINGHAVEN sales from July 2020 and October 2022 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 July 2020 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is SPRINGHAVEN?

SPRINGHAVEN is 120m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where SPRINGHAVEN lies on this distribution: 64% of detached houses are smaller than SPRINGHAVEN, and 34% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

SPRINGHAVEN: Plot and Title Map

SPRINGHAVEN sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of SPRINGHAVEN, 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 SPRINGHAVEN). 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 SPRINGHAVEN?

SPRINGHAVEN is located on WESTERN ROAD in HAILSHAM, in the BN27 postcode district. The below map shows the position of SPRINGHAVEN on WESTERN ROAD.