2, GREENACRES WAY, HAILSHAM, BN27 2HZ - £170,000

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.

2 GREENACRES WAY is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £300,114. It was last sold for £170,000 in December 2009, which was around 50% below the average December 2009 detached price in the Wealden local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

2 GREENACRES WAY Sold Prices

Land registry data shows three sales for 2 GREENACRES WAY 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. All of the three 2 GREENACRES WAY 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
2009 21 DEC	£170,000	£342,576	50% below HPI
2002 28 MAR	£125,500	£226,976	45% below HPI
1998 9 OCT	£78,000	£155,155	50% below HPI

2 GREENACRES WAY 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 2 GREENACRES WAY sales between October 1998 and December 2009 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 March 2002 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2009 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 2 GREENACRES WAY be worth now?

2 GREENACRES WAY might now be worth an estimated £300,114.

This is based on house price inflation of 76.5%, between December 2009 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.5% inflationary increase is applied to the most recent sale price for 2 GREENACRES WAY of £170,000 on 21st December 2009. For the value to have increased from £170,000 to £300,114 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 GREENACRES WAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The December 2009 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENACRES WAY has not materially changed since December 2009.

How Large is 2 GREENACRES WAY?

2 GREENACRES WAY is 83m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hailsham, and where 2 GREENACRES WAY lies on this distribution: 19% of detached houses houses are smaller than 2 GREENACRES WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

2 GREENACRES WAY: Plot and Title Map

2 GREENACRES WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 2 GREENACRES WAY, 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 2 GREENACRES WAY). 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 2 GREENACRES WAY?

2 GREENACRES WAY is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 2 on GREENACRES WAY.