VERANO, HAILSHAM ROAD, HERSTMONCEUX, HAILSHAM, BN27 4JX - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VERANO is a small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £407,483. It was last sold for £305,000 in October 2015, which was around 33% below the average October 2015 detached price in the Wealden local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

VERANO Sold Prices

Land registry data shows two sales for VERANO 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 VERANO 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
2015 1 OCT	£305,000	£452,673	33% below HPI
1996 11 OCT	£92,500	£117,467	21% below HPI

VERANO 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 VERANO sales from October 1996 and October 2015 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 October 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might VERANO be worth now?

VERANO might now be worth an estimated £407,483.

This is based on house price inflation of 33.6%, between October 2015 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.6% inflationary increase is applied to the most recent sale price for VERANO of £305,000 on 1st October 2015. For the value to have increased from £305,000 to £407,483 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of VERANO has moved in line with the HPI for detached houses in the Wealden local authority area.
• The October 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of VERANO has not materially changed since October 2015.

How Large is VERANO?

VERANO is 79m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses houses in Herstmonceux, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herstmonceux, and where VERANO lies on this distribution: 38% of detached houses houses are smaller than VERANO, and 60% of houses are larger. Note that EPC data is not available for all properties in Herstmonceux.

VERANO: Plot and Title Map

VERANO sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of VERANO, 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 VERANO). 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 VERANO?

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