1, MEON CLOSE, STONE CROSS, PEVENSEY, BN24 5PZ - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MEON CLOSE is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £340,000 in February 2021, which was around 35% below the average February 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

1 MEON CLOSE Sold Prices

Land registry data shows four sales for 1 MEON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 1 MEON 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
2021 19 FEB	£340,000	£523,550	35% below HPI
2014 15 AUG	£265,000	£390,949	32% below HPI
2001 29 JUN	£148,950	£210,188	29% below HPI
1998 2 DEC	£101,000	£148,747	32% below HPI

1 MEON CLOSE 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 four 1 MEON CLOSE sales between December 1998 and February 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 August 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 MEON CLOSE?

1 MEON CLOSE is 109m² according to the EPC inspection conducted in June 2024. This puts it in the largest 50% 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 MEON CLOSE lies on this distribution: 49% of detached houses are smaller than 1 MEON CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

1 MEON CLOSE: Plot and Title Map

1 MEON CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 1 MEON 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 1 MEON 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 1 MEON CLOSE?

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