11, MOLE CLOSE, STONE CROSS, PEVENSEY, BN24 5QB - £300,000

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

11 MOLE CLOSE is a very small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £300,000 in June 2020, which was around 40% below the average June 2020 detached price in the Wealden local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

11 MOLE CLOSE Sold Prices

Land registry data shows three sales for 11 MOLE 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 11 MOLE 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
2020 1 JUN	£300,000	£499,274	40% below HPI
2005 21 OCT	£210,000	£321,191	35% below HPI
2001 26 APR	£112,950	£204,421	45% below HPI

11 MOLE 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 11 MOLE CLOSE sales between April 2001 and June 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 October 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 11 MOLE CLOSE?

11 MOLE CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 11 MOLE CLOSE lies on this distribution: 8% of detached houses are smaller than 11 MOLE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

11 MOLE CLOSE: Plot and Title Map

11 MOLE CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 11 MOLE 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 11 MOLE 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 11 MOLE CLOSE?

11 MOLE CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 11 on MOLE CLOSE.