15, CHERWELL CLOSE, STONE CROSS, PEVENSEY, BN24 5PL - £470,000

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

15 CHERWELL CLOSE is a very large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £470,000 in December 2021, which was around 16% below the average December 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

15 CHERWELL CLOSE Sold Prices

Land registry data shows three sales for 15 CHERWELL 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 15 CHERWELL 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 13 DEC	£470,000	£558,340	16% below HPI
2007 17 JAN	£300,000	£350,448	14% below HPI
1997 21 NOV	£117,500	£130,966	10% below HPI

15 CHERWELL 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 15 CHERWELL CLOSE sales between November 1997 and December 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 January 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 15 CHERWELL CLOSE?

15 CHERWELL CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 15 CHERWELL CLOSE lies on this distribution: 90% of detached houses are smaller than 15 CHERWELL CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

15 CHERWELL CLOSE: Plot and Title Map

15 CHERWELL CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 15 CHERWELL 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 15 CHERWELL 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 15 CHERWELL CLOSE?

15 CHERWELL CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 15 on CHERWELL CLOSE.