7A, LANCING CLOSE, HASTINGS, TN34 2PL - £263,000

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.

7A LANCING CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £356,808. It was last sold for £263,000 in May 2017, which was around 27% below the average May 2017 detached price in the Hastings local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

7A LANCING CLOSE Sold Prices

Land registry data shows two sales for 7A LANCING CLOSE 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 7A LANCING 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
2017 31 MAY	£263,000	£360,470	27% below HPI
2012 27 JUL	£180,000	£251,913	29% below HPI

7A LANCING 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 two 7A LANCING CLOSE sales from July 2012 and May 2017 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 July 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 7A LANCING CLOSE be worth now?

7A LANCING CLOSE might now be worth an estimated £356,808.

This is based on house price inflation of 35.7%, between May 2017 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 35.7% inflationary increase is applied to the most recent sale price for 7A LANCING CLOSE of £263,000 on 31st May 2017. For the value to have increased from £263,000 to £356,808 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 7A LANCING CLOSE has moved in line with the HPI for detached houses in the Hastings local authority area.
• The May 2017 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 7A LANCING CLOSE has not materially changed since May 2017.

How Large is 7A LANCING CLOSE?

7A LANCING CLOSE is 80m² according to the EPC inspection conducted in December 2016. 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 7A LANCING CLOSE lies on this distribution: 18% of detached houses houses are smaller than 7A LANCING CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hastings.

7A LANCING CLOSE: Plot and Title Map

7A LANCING CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 7A LANCING 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 7A LANCING 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 7A LANCING CLOSE?

7A LANCING CLOSE is located in HASTINGS, in the TN34 postcode district. The below map shows the position of No. 7A on LANCING CLOSE.