1, ORWELL CLOSE, STONE CROSS, PEVENSEY, BN24 5QW - £330,000

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 ORWELL CLOSE is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £330,000 in June 2021, which was around 37% below the average June 2021 detached price in the Wealden local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

1 ORWELL CLOSE Sold Prices

Land registry data shows three sales for 1 ORWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 1 ORWELL 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 22 JUN	£330,000	£520,656	37% below HPI
2002 16 JUL	£152,950	£236,418	35% below HPI
1999 27 AUG	£98,000	£156,268	37% below HPI

1 ORWELL 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 three 1 ORWELL CLOSE sales between August 1999 and June 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 July 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 ORWELL CLOSE?

1 ORWELL CLOSE is 101m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 ORWELL CLOSE lies on this distribution: 40% of detached houses are smaller than 1 ORWELL CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

1 ORWELL CLOSE: Plot and Title Map

1 ORWELL CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 ORWELL 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 ORWELL 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 ORWELL CLOSE?

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