19, MELROSE CLOSE, HAILSHAM, BN27 3XP - £300,000

19 MELROSE CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £300,000 in February 2020, which was around 38% below the average February 2020 detached price in the Wealden local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

19 MELROSE CLOSE Sold Prices

Land registry data shows five sales for 19 MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five 19 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
2020 14 FEB	£300,000	£483,459	38% below HPI
2014 9 JAN	£225,000	£371,021	39% below HPI
2007 22 JUN	£220,000	£349,755	37% below HPI
1997 22 SEP	£88,000	£126,758	31% below HPI
1996 6 SEP	£79,950	£113,219	29% below HPI

19 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 five 19 MELROSE CLOSE sales between September 1996 and February 2020 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 January 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 19 MELROSE CLOSE?

19 MELROSE CLOSE is 83m² according to the EPC inspection conducted in August 2013. 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 19 MELROSE CLOSE lies on this distribution: 19% of detached houses are smaller than 19 MELROSE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

19 MELROSE CLOSE: Plot and Title Map

19 MELROSE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 19 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 19 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 19 MELROSE CLOSE?

19 MELROSE CLOSE is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 19 on MELROSE CLOSE.