25, BANNER WAY, STONE CROSS, PEVENSEY, BN24 5FE - £246,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

25 BANNER WAY is a very small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £397,208. It was last sold for £246,000 in August 2013, which was around 35% below the average August 2013 detached price in the Wealden local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

25 BANNER WAY Sold Prices

Land registry data shows three sales for 25 BANNER WAY 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 25 BANNER WAY 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
2013 16 AUG	£246,000	£379,971	35% below HPI
2001 29 JUN	£148,000	£217,766	32% below HPI
1996 19 SEP	£83,000	£117,301	29% below HPI

25 BANNER WAY 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 25 BANNER WAY sales between September 1996 and August 2013 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 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 25 BANNER WAY be worth now?

25 BANNER WAY might now be worth an estimated £397,208.

This is based on house price inflation of 61.5%, between August 2013 and December 2024, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.5% inflationary increase is applied to the most recent sale price for 25 BANNER WAY of £246,000 on 16th August 2013. For the value to have increased from £246,000 to £397,208 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 25 BANNER WAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The August 2013 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 25 BANNER WAY has not materially changed since August 2013.

How Large is 25 BANNER WAY?

25 BANNER WAY is 90m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses houses in Stone Cross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stone Cross, and where 25 BANNER WAY lies on this distribution: 20% of detached houses houses are smaller than 25 BANNER WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

25 BANNER WAY: Plot and Title Map

25 BANNER WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 25 BANNER WAY, 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 25 BANNER WAY). 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 25 BANNER WAY?

25 BANNER WAY is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 25 on BANNER WAY.