2, GALLOWS LANE, WESTHAM, PEVENSEY, BN24 5AA - £485,000

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

2 GALLOWS LANE is a large extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £485,000 in December 2020, which was around 8% below the average December 2020 detached price in the Wealden local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

2 GALLOWS LANE Sold Prices

Land registry data shows two sales for 2 GALLOWS LANE 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 2 GALLOWS LANE 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 14 DEC	£485,000	£525,602	8% below HPI
2018 10 DEC	£395,000	£495,102	20% below HPI

2 GALLOWS LANE 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 2 GALLOWS LANE sales from December 2018 and December 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 December 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 GALLOWS LANE?

2 GALLOWS LANE is 115m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Westham, based on EPC data. The below chart shows the distribution of detached houses by size in Westham, and where 2 GALLOWS LANE lies on this distribution: 67% of detached houses are smaller than 2 GALLOWS LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Westham.

2 GALLOWS LANE: Plot and Title Map

2 GALLOWS LANE sits on a plot of roughly 0.120 of an acre, or 488m². The below map shows the location of 2 GALLOWS LANE, 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 2 GALLOWS LANE). 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 2 GALLOWS LANE?

2 GALLOWS LANE is located in WESTHAM, in the BN24 postcode district. The below map shows the position of No. 2 on GALLOWS LANE.