3, GLESSING ROAD, STONE CROSS, PEVENSEY, BN24 5FD - £225,000

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

3 GLESSING ROAD is a very small semi-detached house of 87m², built sometime between 1991 and 1995. It was last sold for £225,000 in September 2015, which was around 48% below the average September 2015 detached price in the Wealden local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

3 GLESSING ROAD Sold Prices

Land registry data shows two sales for 3 GLESSING ROAD 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 3 GLESSING ROAD 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
2015 25 SEP	£225,000	£432,788	48% below HPI
2003 6 OCT	£171,000	£289,942	41% below HPI

3 GLESSING ROAD 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 3 GLESSING ROAD sales from October 2003 and September 2015 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 October 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2015 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 3 GLESSING ROAD?

3 GLESSING ROAD is 87m² according to the EPC inspection conducted in March 2015. 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 3 GLESSING ROAD lies on this distribution: 15% of detached houses are smaller than 3 GLESSING ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

3 GLESSING ROAD: Plot and Title Map

3 GLESSING ROAD sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 3 GLESSING ROAD, 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 3 GLESSING ROAD). 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 3 GLESSING ROAD?

3 GLESSING ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 3 on GLESSING ROAD.