18, MELROSE CLOSE, HAILSHAM, BN27 3XP - £283,000

18 MELROSE CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £283,000 in December 2016, which was around 40% below the average December 2016 detached price in the Wealden local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

18 MELROSE CLOSE Sold Prices

Land registry data shows two sales for 18 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 18 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
2016 8 DEC	£283,000	£467,841	40% below HPI
1996 8 JUL	£79,950	£109,827	27% below HPI

18 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 18 MELROSE CLOSE sales from July 1996 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 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 18 MELROSE CLOSE?

18 MELROSE CLOSE is 81m² according to the EPC inspection conducted in July 2016. 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 18 MELROSE CLOSE lies on this distribution: 17% of detached houses are smaller than 18 MELROSE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

18 MELROSE CLOSE: Plot and Title Map

18 MELROSE CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 18 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 18 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 18 MELROSE CLOSE?

18 MELROSE CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 18 on MELROSE CLOSE.