1, LAMBOURN AVENUE, STONE CROSS, PEVENSEY, BN24 5PQ - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAMBOURN AVENUE is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £440,000 in January 2021, which was around 17% below the average January 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 LAMBOURN AVENUE Sold Prices

Land registry data shows five sales for 1 LAMBOURN AVENUE 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 1 LAMBOURN AVENUE 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
2021 15 JAN	£440,000	£528,415	17% below HPI
2012 12 OCT	£280,000	£365,154	23% below HPI
2007 29 MAR	£288,000	£347,216	17% below HPI
2004 12 FEB	£249,950	£290,261	14% below HPI
2000 25 FEB	£145,000	£176,061	18% below HPI

1 LAMBOURN AVENUE 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 1 LAMBOURN AVENUE sales between February 2000 and January 2021 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 LAMBOURN AVENUE?

1 LAMBOURN AVENUE is 129m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Stone Cross, based on EPC data. The below chart shows the distribution of detached houses by size in Stone Cross, and where 1 LAMBOURN AVENUE lies on this distribution: 79% of detached houses are smaller than 1 LAMBOURN AVENUE, and 20% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

1 LAMBOURN AVENUE: Plot and Title Map

1 LAMBOURN AVENUE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 1 LAMBOURN AVENUE, 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 1 LAMBOURN AVENUE). 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 1 LAMBOURN AVENUE?

1 LAMBOURN AVENUE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 1 on LAMBOURN AVENUE.