WAVENEY, WINDMILL HILL, HAILSHAM, BN27 4RT - £490,000

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

WAVENEY is a very large detached house of 165m², built sometime between 1950 and 1966. It was last sold for £490,000 in December 2016, which was around 5% above the average December 2016 detached price in the Wealden local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

WAVENEY Sold Prices

Land registry data shows three sales for WAVENEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Two of the three WAVENEY sales were for above the average price, whilst one was 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
2016 16 DEC	£490,000	£467,841	5% above HPI
2008 29 JUL	£453,726	£365,718	24% above HPI
1999 27 AUG	£110,000	£156,268	30% below HPI

WAVENEY 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 three WAVENEY sales between August 1999 and December 2016 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 2008 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is WAVENEY?

WAVENEY is 165m² according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Windmill Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Windmill Hill, and where WAVENEY lies on this distribution: 84% of detached houses are smaller than WAVENEY, and 16% of houses are larger. Note that EPC data is not available for all properties in Windmill Hill.

WAVENEY: Plot and Title Map

WAVENEY sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of WAVENEY, 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 WAVENEY). 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 WAVENEY?

WAVENEY is located in WINDMILL HILL, in the BN27 postcode district. The below map shows the position of WAVENEY in WINDMILL HILL.