18, MALLOW DRIVE, STONE CROSS, PEVENSEY, BN24 5GR - £425,000

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

18 MALLOW DRIVE is a midsized detached house of 112m². It was last sold for £425,000 in August 2021, which was around 21% below the average August 2021 detached price in the Wealden local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

18 MALLOW DRIVE Sold Prices

Land registry data shows two sales for 18 MALLOW DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 18 MALLOW DRIVE 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 25 AUG	£425,000	£539,113	21% below HPI
2019 3 JUN	£374,950	£490,228	24% below HPI

18 MALLOW DRIVE 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 two 18 MALLOW DRIVE sales from June 2019 and August 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 June 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 MALLOW DRIVE?

18 MALLOW DRIVE is 112m² according to the EPC inspection conducted in March 2019. This puts it in the largest 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 MALLOW DRIVE lies on this distribution: 54% of detached houses are smaller than 18 MALLOW DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

18 MALLOW DRIVE: Plot and Title Map

18 MALLOW DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 18 MALLOW DRIVE, 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 MALLOW DRIVE). 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 MALLOW DRIVE?

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