2, MELROSE CLOSE, HAILSHAM, BN27 3XP - £193,000

2 MELROSE CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £193,000 in June 2012, which was around 45% below the average June 2012 detached price in the Wealden local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 MELROSE CLOSE Sold Prices

Land registry data shows two sales for 2 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 2 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
2012 25 JUN	£193,000	£350,023	45% below HPI
1996 29 MAY	£74,950	£104,115	28% below HPI

2 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 2 MELROSE CLOSE sales from May 1996 and June 2012 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 May 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2012 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 MELROSE CLOSE?

2 MELROSE CLOSE is 76m² according to the EPC inspection conducted in February 2022. 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 2 MELROSE CLOSE lies on this distribution: 13% of detached houses are smaller than 2 MELROSE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

2 MELROSE CLOSE: Plot and Title Map

2 MELROSE CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 2 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 2 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 2 MELROSE CLOSE?

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