12, GLESSING ROAD, STONE CROSS, PEVENSEY, BN24 5FD - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 GLESSING ROAD is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £517,970. It was last sold for £310,000 in September 2011, which was around 16% below the average September 2011 detached price in the Wealden local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

12 GLESSING ROAD Sold Prices

Land registry data shows three sales for 12 GLESSING ROAD 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 12 GLESSING ROAD 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
2011 9 SEP	£310,000	£367,190	16% below HPI
2003 8 SEP	£245,500	£302,656	19% below HPI
1995 17 MAY	£97,000	£114,650	15% below HPI

12 GLESSING ROAD 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 12 GLESSING ROAD sales between May 1995 and September 2011 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 GLESSING ROAD be worth now?

12 GLESSING ROAD might now be worth an estimated £517,970.

This is based on house price inflation of 67.1%, between September 2011 and December 2024, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.1% inflationary increase is applied to the most recent sale price for 12 GLESSING ROAD of £310,000 on 9th September 2011. For the value to have increased from £310,000 to £517,970 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 GLESSING ROAD has moved in line with the HPI for detached houses in the Wealden local authority area.
• The September 2011 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GLESSING ROAD has not materially changed since September 2011.

How Large is 12 GLESSING ROAD?

12 GLESSING ROAD is 125m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses houses in Stone Cross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stone Cross, and where 12 GLESSING ROAD lies on this distribution: 73% of detached houses houses are smaller than 12 GLESSING ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

12 GLESSING ROAD: Plot and Title Map

12 GLESSING ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 12 GLESSING ROAD, 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 12 GLESSING ROAD). 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 12 GLESSING ROAD?

12 GLESSING ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 12 on GLESSING ROAD.