40, MILL ROAD, HAILSHAM, BN27 2HT - £325,000

40 MILL ROAD is a very small detached house of 76m². It was last sold for £325,000 in February 2022, which was around 45% below the average February 2022 detached price in the Wealden local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

40 MILL ROAD Sold Prices

Land registry data shows three sales for 40 MILL ROAD 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 40 MILL ROAD 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
2022 28 FEB	£325,000	£592,314	45% below HPI
2020 8 DEC	£305,000	£525,602	42% below HPI
2019 9 AUG	£150,000	£493,783	70% below HPI

40 MILL ROAD 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 40 MILL ROAD sales between August 2019 and February 2022 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 December 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 40 MILL ROAD?

40 MILL ROAD is 76m² according to the EPC inspection conducted in August 2019. 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 40 MILL ROAD lies on this distribution: 13% of detached houses are smaller than 40 MILL ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

40 MILL ROAD: Plot and Title Map

40 MILL ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 40 MILL ROAD, 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 40 MILL ROAD). 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 40 MILL ROAD?

40 MILL ROAD is located in HAILSHAM, in the BN27 postcode district. The below map shows the position of No. 40 on MILL ROAD.