5, THE RIDINGS, ST LEONARDS-ON-SEA, TN37 7SX - £225,000

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 THE RIDINGS is a midsized detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £420,460. It was last sold for £225,000 in April 2012, which was around 14% below the average April 2012 detached price in the Hastings local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

5 THE RIDINGS Sold Prices

Land registry data shows three sales for 5 THE RIDINGS 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. Two of the three 5 THE RIDINGS sales were for below the average price, whilst one was 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
2012 13 APR	£225,000	£261,701	14% below HPI
2006 22 SEP	£238,000	£251,707	5% below HPI
1996 12 DEC	£80,000	£75,972	5% above HPI

5 THE RIDINGS 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 THE RIDINGS sales between December 1996 and April 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 September 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 THE RIDINGS be worth now?

5 THE RIDINGS might now be worth an estimated £420,460.

This is based on house price inflation of 86.9%, between April 2012 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 86.9% inflationary increase is applied to the most recent sale price for 5 THE RIDINGS of £225,000 on 13th April 2012. For the value to have increased from £225,000 to £420,460 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 5 THE RIDINGS has moved in line with the HPI for detached houses in the Hastings local authority area.
• The April 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE RIDINGS has not materially changed since April 2012.

How Large is 5 THE RIDINGS?

5 THE RIDINGS is 112m² according to the EPC inspection conducted in May 2011. This puts it in the largest 50% 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 THE RIDINGS lies on this distribution: 52% of detached houses houses are smaller than 5 THE RIDINGS, and 48% of houses are larger. Note that EPC data is not available for all properties in Hastings.

5 THE RIDINGS: Plot and Title Map

5 THE RIDINGS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

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