1, MARE BAY CLOSE, ST LEONARDS-ON-SEA, TN38 8EQ - £460,500

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.

1 MARE BAY CLOSE is a midsized detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £447,830. It was last sold for £460,500 in November 2021, which was around 9% below the average November 2021 detached price in the Hastings local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

1 MARE BAY CLOSE Sold Prices

Land registry data shows two sales for 1 MARE BAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. One of the two 1 MARE BAY CLOSE sales was for below the average price, whilst the other was 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
2021 29 NOV	£460,500	£504,599	9% below HPI
1996 9 DEC	£107,000	£75,972	41% above HPI

1 MARE BAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The two 1 MARE BAY CLOSE sales from December 1996 and November 2021 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 December 1996 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 MARE BAY CLOSE be worth now?

1 MARE BAY CLOSE might now be worth an estimated £447,830.

This is based on house price deflation of 2.8%, between November 2021 and August 2025, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 1 MARE BAY CLOSE of £460,500 on 29th November 2021. For the value to have decreased from £460,500 to £447,830 over the four years and three months to August 2025, the following assumptions must hold true:

• The value of 1 MARE BAY CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The November 2021 sale price of £460,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MARE BAY CLOSE has not materially changed since November 2021.

How Large is 1 MARE BAY CLOSE?

1 MARE BAY CLOSE is 120m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 1 MARE BAY CLOSE lies on this distribution: 59% of detached houses houses are smaller than 1 MARE BAY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Hastings.

1 MARE BAY CLOSE: Plot and Title Map

1 MARE BAY CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 1 MARE BAY CLOSE, 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 1 MARE BAY CLOSE). 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 1 MARE BAY CLOSE?

1 MARE BAY CLOSE is located in ST LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 1 on MARE BAY CLOSE.