SILVERMERE, PETT LEVEL ROAD, PETT LEVEL, HASTINGS, TN35 4EH - £710,000

SILVERMERE is a large extended detached house of 159m², built sometime from 2007 onwards. It was last sold for £710,000 in January 2020, which was around 54% above the average January 2020 detached price in the Rother local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

SILVERMERE Sold Prices

Land registry data shows two sales for SILVERMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Both of the two SILVERMERE sales were 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
2020 4 JAN	£710,000	£460,321	54% above HPI
2015 15 SEP	£535,000	£378,085	42% above HPI

SILVERMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The two SILVERMERE sales from September 2015 and January 2020 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 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2020 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is SILVERMERE?

SILVERMERE is 159m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Pett, based on EPC data. The below chart shows the distribution of detached houses by size in Pett, and where SILVERMERE lies on this distribution: 66% of detached houses are smaller than SILVERMERE, and 32% of houses are larger. Note that EPC data is not available for all properties in Pett.

SILVERMERE: Plot and Title Map

SILVERMERE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of SILVERMERE, 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 SILVERMERE). 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 SILVERMERE?

SILVERMERE is located on PETT LEVEL ROAD in PETT LEVEL, in the TN35 postcode district. The below map shows the position of SILVERMERE on PETT LEVEL ROAD.