36, MEDINA DRIVE, STONE CROSS, PEVENSEY, BN24 5EY - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

36 MEDINA DRIVE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £360,000 in January 2019, which was around 26% below the average January 2019 detached price in the Wealden local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

36 MEDINA DRIVE Sold Prices

Land registry data shows three sales for 36 MEDINA DRIVE 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 36 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
2019 7 JAN	£360,000	£488,228	26% below HPI
2006 13 JAN	£249,950	£314,557	21% below HPI
1998 30 OCT	£112,950	£149,755	25% below HPI

36 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 three 36 MEDINA DRIVE sales between October 1998 and January 2019 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 36 MEDINA DRIVE?

36 MEDINA DRIVE is 93m² according to the EPC inspection conducted in May 2018. 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 36 MEDINA DRIVE lies on this distribution: 31% of detached houses are smaller than 36 MEDINA DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

36 MEDINA DRIVE: Plot and Title Map

36 MEDINA DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 36 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 36 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 36 MEDINA DRIVE?

36 MEDINA DRIVE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 36 on MEDINA DRIVE.