5, ROWAN CLOSE, ST LEONARDS-ON-SEA, TN37 7HS - £425,000

5 ROWAN CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £425,000 in June 2022, which was around 16% below the average June 2022 detached price in the Hastings local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 5 ROWAN CLOSE 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. All of the three 5 ROWAN 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
2022 16 JUN	£425,000	£505,364	16% below HPI
2010 24 AUG	£224,000	£241,437	7% below HPI
1996 15 MAY	£63,500	£69,000	8% below HPI

5 ROWAN 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 three 5 ROWAN CLOSE sales between May 1996 and June 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 August 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 ROWAN CLOSE?

5 ROWAN CLOSE is 74m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 5 ROWAN CLOSE lies on this distribution: 12% of detached houses are smaller than 5 ROWAN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hastings.

5 ROWAN CLOSE: Plot and Title Map

5 ROWAN CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 5 ROWAN 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 5 ROWAN 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 5 ROWAN CLOSE?

5 ROWAN CLOSE is located in ST. LEONARDS-ON-SEA, in the TN37 postcode district. The below map shows the position of No. 5 on ROWAN CLOSE.