28, MEDINA DRIVE, STONE CROSS, PEVENSEY, BN24 5EY - £400,000

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

28 MEDINA DRIVE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £400,000 in November 2018, which was around 20% below the average November 2018 detached price in the Wealden local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

28 MEDINA DRIVE Sold Prices

Land registry data shows five sales for 28 MEDINA DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five 28 MEDINA 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
2018 27 NOV	£400,000	£499,571	20% below HPI
2015 15 MAY	£289,950	£404,037	28% below HPI
2011 6 MAY	£249,950	£342,556	27% below HPI
2011 11 MAR	£185,000	£346,019	47% below HPI
1998 13 AUG	£129,950	£145,370	11% below HPI

28 MEDINA 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 five 28 MEDINA DRIVE sales between August 1998 and November 2018 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 May 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 28 MEDINA DRIVE?

28 MEDINA DRIVE is 98m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% 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 28 MEDINA DRIVE lies on this distribution: 36% of detached houses are smaller than 28 MEDINA DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

28 MEDINA DRIVE: Plot and Title Map

28 MEDINA DRIVE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 28 MEDINA 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 28 MEDINA 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 28 MEDINA DRIVE?

28 MEDINA DRIVE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 28 on MEDINA DRIVE.