THE OLD CHAPEL, FALCON WAY, HAILSHAM, BN27 1HY - £285,000

THE OLD CHAPEL is a midsized extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £285,000 in May 2014, which was around 24% below the average May 2014 detached price in the Wealden local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

THE OLD CHAPEL Sold Prices

Land registry data shows five sales for THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five THE OLD CHAPEL 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 8 MAY	£285,000	£373,617	24% below HPI
2008 23 SEP	£250,000	£361,774	31% below HPI
2002 16 DEC	£176,500	£274,670	36% below HPI
1997 19 DEC	£54,500	£133,745	59% below HPI
1997 10 JAN	£26,000	£114,689	77% below HPI

THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The five THE OLD CHAPEL sales between January 1997 and May 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 September 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 101m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses in Hailsham, based on EPC data. The below chart shows the distribution of detached houses by size in Hailsham, and where THE OLD CHAPEL lies on this distribution: 42% of detached houses are smaller than THE OLD CHAPEL, and 58% of houses are larger. Note that EPC data is not available for all properties in Hailsham.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of THE OLD CHAPEL, 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 THE OLD CHAPEL). 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 THE OLD CHAPEL?

THE OLD CHAPEL is located on FALCON WAY in HAILSHAM, in the BN27 postcode district. The below map shows the position of THE OLD CHAPEL on FALCON WAY.