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

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.

5 ROWAN CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £399,911. It was last sold for £425,000 in June 2022, which was around 18% 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	£519,725	18% below HPI
2010 24 AUG	£224,000	£249,216	10% below HPI
1996 15 MAY	£63,500	£71,223	11% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 ROWAN CLOSE be worth now?

5 ROWAN CLOSE might now be worth an estimated £399,911.

This is based on house price deflation of 5.9%, between June 2022 and February 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 5.9% deflationary decrease is applied to the most recent sale price for 5 ROWAN CLOSE of £425,000 on 16th June 2022. For the value to have decreased from £425,000 to £399,911 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 5 ROWAN CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The June 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROWAN CLOSE has not materially changed since June 2022.

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 houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hastings, and where 5 ROWAN CLOSE lies on this distribution: 11% of detached houses 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.