3, MOLE CLOSE, STONE CROSS, PEVENSEY, BN24 5QB - £283,000

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 MOLE CLOSE is a very large extended detached house of 170m², built sometime between 1996 and 2002, which could now be worth an estimated £533,503. It was last sold for £283,000 in February 2005, which was around 13% below the average February 2005 detached price in the Wealden local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

3 MOLE CLOSE Sold Prices

Land registry data shows three sales for 3 MOLE CLOSE 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 3 MOLE 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
2005 9 FEB	£283,000	£325,449	13% below HPI
2002 14 MAR	£197,000	£226,976	13% below HPI
2001 5 JAN	£165,950	£206,314	20% below HPI

3 MOLE 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 three 3 MOLE CLOSE sales between January 2001 and February 2005 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 March 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2005 sale, which was also at 13% below the HPI.

What might 3 MOLE CLOSE be worth now?

3 MOLE CLOSE might now be worth an estimated £533,503.

This is based on house price inflation of 88.5%, between February 2005 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 88.5% inflationary increase is applied to the most recent sale price for 3 MOLE CLOSE of £283,000 on 9th February 2005. For the value to have increased from £283,000 to £533,503 over the eighteen years and two months to December 2024, the following assumptions must hold true:

• The value of 3 MOLE CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The February 2005 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MOLE CLOSE has not materially changed since February 2005.

How Large is 3 MOLE CLOSE?

3 MOLE CLOSE is 170m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% 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 MOLE CLOSE lies on this distribution: 97% of detached houses houses are smaller than 3 MOLE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

3 MOLE CLOSE: Plot and Title Map

3 MOLE CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 3 MOLE 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 MOLE 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 MOLE CLOSE?

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