THE BARN, SHEPHERDS WAY, FAIRLIGHT, HASTINGS, TN35 4BB - £885,000

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

THE BARN is a very large extended detached house of 230m², built sometime between 1996 and 2002. It was last sold for £885,000 in March 2020, which was around 95% above the average March 2020 detached price in the Rother local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows four sales for THE BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Most of the four THE BARN 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
2020 19 MAR	£885,000	£452,744	95% above HPI
2015 7 JAN	£590,000	£353,213	67% above HPI
2003 15 DEC	£500,000	£269,205	86% above HPI
2001 31 JAN	£80,000	£167,522	52% below HPI

THE BARN 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 four THE BARN sales between January 2001 and March 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 2015 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the March 2020 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is THE BARN?

THE BARN is 230m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 THE BARN lies on this distribution: 97% of detached houses are smaller than THE BARN, and 3% of houses are larger. Note that EPC data is not available for all properties in Fairlight Cove.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.318 of an acre, or 1,285m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on SHEPHERDS WAY in FAIRLIGHT, in the TN35 postcode district. The below map shows the position of THE BARN on SHEPHERDS WAY.