3, KENNET CLOSE, STONE CROSS, PEVENSEY, BN24 5PN - £362,000

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

3 KENNET CLOSE is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £514,074. It was last sold for £362,000 in July 2015, which was around 16% below the average July 2015 detached price in the Wealden local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

3 KENNET CLOSE Sold Prices

Land registry data shows four sales for 3 KENNET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 3 KENNET 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
2015 14 JUL	£362,000	£432,033	16% below HPI
2011 31 JAN	£250,000	£357,587	30% below HPI
2002 17 MAY	£189,000	£230,890	18% below HPI
1997 27 JUN	£95,000	£128,345	26% below HPI

3 KENNET 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 four 3 KENNET CLOSE sales between June 1997 and July 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 January 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 KENNET CLOSE be worth now?

3 KENNET CLOSE might now be worth an estimated £514,074.

This is based on house price inflation of 42%, between July 2015 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 42% inflationary increase is applied to the most recent sale price for 3 KENNET CLOSE of £362,000 on 14th July 2015. For the value to have increased from £362,000 to £514,074 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 KENNET CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The July 2015 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KENNET CLOSE has not materially changed since July 2015.

How Large is 3 KENNET CLOSE?

3 KENNET CLOSE is 111m² according to the EPC inspection conducted in July 2009. This puts it in the largest 50% 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 3 KENNET CLOSE lies on this distribution: 54% of detached houses houses are smaller than 3 KENNET CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

3 KENNET CLOSE: Plot and Title Map

3 KENNET CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 3 KENNET 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 3 KENNET 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 3 KENNET CLOSE?

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