2, SHIPLEY MILL CLOSE, STONE CROSS, PEVENSEY, BN24 5PY - £340,000

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

2 SHIPLEY MILL CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £340,000 in February 2024, which was around 42% below the average February 2024 detached price in the Wealden local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

2 SHIPLEY MILL CLOSE Sold Prices

Land registry data shows two sales for 2 SHIPLEY MILL CLOSE 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 SHIPLEY MILL 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
2024 16 FEB	£340,000	£582,610	42% below HPI
1999 26 FEB	£97,000	£146,867	34% below HPI

2 SHIPLEY MILL 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 two 2 SHIPLEY MILL CLOSE sales from February 1999 and February 2024 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 February 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 SHIPLEY MILL CLOSE?

2 SHIPLEY MILL CLOSE is 86m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% 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 2 SHIPLEY MILL CLOSE lies on this distribution: 15% of detached houses are smaller than 2 SHIPLEY MILL CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

2 SHIPLEY MILL CLOSE: Plot and Title Map

2 SHIPLEY MILL CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 2 SHIPLEY MILL 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 2 SHIPLEY MILL 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 2 SHIPLEY MILL CLOSE?

2 SHIPLEY MILL CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 2 on SHIPLEY MILL CLOSE.