4, MOLE CLOSE, STONE CROSS, PEVENSEY, BN24 5QB - £370,000

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

4 MOLE CLOSE is a very small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £370,000 in March 2022, which was around 35% below the average March 2022 detached price in the Wealden local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

4 MOLE CLOSE Sold Prices

Land registry data shows three sales for 4 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 4 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
2022 11 MAR	£370,000	£567,648	35% below HPI
2016 2 DEC	£300,000	£467,841	36% below HPI
2001 26 JAN	£121,950	£199,135	39% below HPI

4 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 4 MOLE CLOSE sales between January 2001 and March 2022 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 December 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 MOLE CLOSE?

4 MOLE CLOSE is 81m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% 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 4 MOLE CLOSE lies on this distribution: 8% of detached houses are smaller than 4 MOLE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

4 MOLE CLOSE: Plot and Title Map

4 MOLE CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 4 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 4 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 4 MOLE CLOSE?

4 MOLE CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 4 on MOLE CLOSE.