38, PATCHAM MILL ROAD, STONE CROSS, PEVENSEY, BN24 5PA - £375,000

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

38 PATCHAM MILL ROAD is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £375,000 in June 2021, which was around 28% below the average June 2021 detached price in the Wealden local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

38 PATCHAM MILL ROAD Sold Prices

Land registry data shows three sales for 38 PATCHAM MILL ROAD 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 38 PATCHAM MILL 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
2021 25 JUN	£375,000	£520,656	28% below HPI
2007 18 SEP	£248,500	£359,860	31% below HPI
1997 11 JUL	£122,500	£124,457	2% below HPI

38 PATCHAM MILL 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 three 38 PATCHAM MILL ROAD sales between July 1997 and June 2021 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 September 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 38 PATCHAM MILL ROAD?

38 PATCHAM MILL ROAD is 105m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% 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 38 PATCHAM MILL ROAD lies on this distribution: 43% of detached houses are smaller than 38 PATCHAM MILL ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

38 PATCHAM MILL ROAD: Plot and Title Map

38 PATCHAM MILL ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 38 PATCHAM MILL 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 38 PATCHAM MILL 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 38 PATCHAM MILL ROAD?

38 PATCHAM MILL ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 38 on PATCHAM MILL ROAD.