18, GEERING ROAD, STONE CROSS, PEVENSEY, BN24 5FF - £315,000

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

18 GEERING ROAD is a midsized extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £315,000 in May 2015, which was around 22% below the average May 2015 detached price in the Wealden local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

18 GEERING ROAD Sold Prices

Land registry data shows four sales for 18 GEERING ROAD 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 18 GEERING 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
2015 11 MAY	£315,000	£404,037	22% below HPI
2003 19 NOV	£249,950	£289,665	14% below HPI
1999 20 APR	£119,500	£148,245	19% below HPI
1995 31 AUG	£97,000	£110,383	12% below HPI

18 GEERING 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 four 18 GEERING ROAD sales between August 1995 and May 2015 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 November 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 GEERING ROAD?

18 GEERING ROAD is 105m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 18 GEERING ROAD lies on this distribution: 43% of detached houses are smaller than 18 GEERING ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

18 GEERING ROAD: Plot and Title Map

18 GEERING ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 18 GEERING 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 18 GEERING 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 18 GEERING ROAD?

18 GEERING ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 18 on GEERING ROAD.