2, MARE BAY CLOSE, ST LEONARDS-ON-SEA, TN38 8EQ - £375,000

2 MARE BAY CLOSE is a midsized extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2021, which was around 20% below the average September 2021 detached price in the Hastings local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

2 MARE BAY CLOSE Sold Prices

Land registry data shows four sales for 2 MARE BAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Most of the four 2 MARE BAY 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
2021 15 SEP	£375,000	£468,542	20% below HPI
2012 11 JAN	£227,000	£244,748	7% below HPI
2003 20 FEB	£187,500	£205,476	9% below HPI
1996 12 AUG	£85,950	£71,980	19% above HPI

2 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 four 2 MARE BAY CLOSE sales between August 1996 and September 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 January 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 MARE BAY CLOSE?

2 MARE BAY CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 2 MARE BAY CLOSE lies on this distribution: 41% of detached houses are smaller than 2 MARE BAY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hastings.

2 MARE BAY CLOSE: Plot and Title Map

2 MARE BAY CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 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 2 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 2 MARE BAY CLOSE?

2 MARE BAY CLOSE is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 2 on MARE BAY CLOSE.