1, MELROSE CLOSE, HAILSHAM, BN27 3XP - £270,000

1 MELROSE CLOSE is a very small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £270,000 in August 2015, which was around 37% below the average August 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.

1 MELROSE CLOSE Sold Prices

Land registry data shows two sales for 1 MELROSE 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 Wealden local authority area for the corresponding sale date. Both of the two 1 MELROSE CLOSE 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 11 AUG	£270,000	£425,883	37% below HPI
1995 10 NOV	£79,950	£103,150	22% below HPI

1 MELROSE CLOSE 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 1 MELROSE CLOSE sales from November 1995 and August 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 November 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 MELROSE CLOSE?

1 MELROSE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where 1 MELROSE CLOSE lies on this distribution: 19% of detached houses are smaller than 1 MELROSE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

1 MELROSE CLOSE: Plot and Title Map

1 MELROSE CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 1 MELROSE 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 MELROSE 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 MELROSE CLOSE?

1 MELROSE CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 1 on MELROSE CLOSE.