7, FRIARS WAY, HASTINGS, TN34 2AZ - £237,500

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.

7 FRIARS WAY is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £411,970. It was last sold for £237,500 in July 2014, which was around 17% below the average July 2014 detached price in the Hastings local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

7 FRIARS WAY Sold Prices

Land registry data shows two sales for 7 FRIARS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. Both of the two 7 FRIARS WAY 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
2014 10 JUL	£237,500	£286,377	17% below HPI
2012 11 OCT	£179,000	£258,978	31% below HPI

7 FRIARS WAY 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 two 7 FRIARS WAY sales from October 2012 and July 2014 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 October 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 FRIARS WAY be worth now?

7 FRIARS WAY might now be worth an estimated £411,970.

This is based on house price inflation of 73.5%, between July 2014 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 73.5% inflationary increase is applied to the most recent sale price for 7 FRIARS WAY of £237,500 on 10th July 2014. For the value to have increased from £237,500 to £411,970 over the eleven years and four months to March 2025, the following assumptions must hold true:

• The value of 7 FRIARS WAY has moved in line with the HPI for detached houses in the Hastings local authority area.
• The July 2014 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 7 FRIARS WAY has not materially changed since July 2014.

How Large is 7 FRIARS WAY?

7 FRIARS WAY is 71m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% 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 7 FRIARS WAY lies on this distribution: 9% of detached houses houses are smaller than 7 FRIARS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Hastings.

7 FRIARS WAY: Plot and Title Map

7 FRIARS WAY sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 7 FRIARS WAY, 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 7 FRIARS WAY). 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 7 FRIARS WAY?

7 FRIARS WAY is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 7 on FRIARS WAY.