42, MEDINA DRIVE, STONE CROSS, PEVENSEY, BN24 5EY - £233,500

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

42 MEDINA DRIVE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £233,500 in January 2012, which was around 32% below the average January 2012 detached price in the Wealden local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

42 MEDINA DRIVE Sold Prices

Land registry data shows three sales for 42 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 42 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
2012 6 JAN	£233,500	£344,609	32% below HPI
2007 23 MAR	£229,950	£347,216	34% below HPI
1998 20 NOV	£91,950	£149,531	39% below HPI

42 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 42 MEDINA DRIVE sales between November 1998 and January 2012 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2012 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 42 MEDINA DRIVE?

42 MEDINA DRIVE is 80m² according to the EPC inspection conducted in August 2011. 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 42 MEDINA DRIVE lies on this distribution: 8% of detached houses are smaller than 42 MEDINA DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

42 MEDINA DRIVE: Plot and Title Map

42 MEDINA DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 42 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 42 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 42 MEDINA DRIVE?

42 MEDINA DRIVE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 42 on MEDINA DRIVE.