2, THE SEDGES, ST LEONARDS-ON-SEA, TN38 9TU - £450,000

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 THE SEDGES is a large detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £483,711. It was last sold for £450,000 in June 2021, which was around 3% below the average June 2021 detached price in the Hastings local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

2 THE SEDGES Sold Prices

Land registry data shows three sales for 2 THE SEDGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. One of the three 2 THE SEDGES sales was for below the average price, whilst two were for above 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 11 JUN	£450,000	£462,132	3% below HPI
2001 9 NOV	£180,000	£150,839	19% above HPI
2001 29 JAN	£155,000	£128,019	21% above HPI

2 THE SEDGES 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 three 2 THE SEDGES sales between January 2001 and June 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 November 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 THE SEDGES be worth now?

2 THE SEDGES might now be worth an estimated £483,711.

This is based on house price inflation of 7.5%, between June 2021 and March 2025, for detached houses, in the Hastings local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.5% inflationary increase is applied to the most recent sale price for 2 THE SEDGES of £450,000 on 11th June 2021. For the value to have increased from £450,000 to £483,711 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 2 THE SEDGES has moved in line with the HPI for detached houses in the Hastings local authority area.
• The June 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SEDGES has not materially changed since June 2021.

How Large is 2 THE SEDGES?

2 THE SEDGES is 136m² according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 2 THE SEDGES lies on this distribution: 71% of detached houses houses are smaller than 2 THE SEDGES, and 29% of houses are larger. Note that EPC data is not available for all properties in Hastings.

2 THE SEDGES: Plot and Title Map

2 THE SEDGES sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 THE SEDGES, 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 THE SEDGES). 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 THE SEDGES?

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