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
45 PATCHAM MILL ROAD is a very large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £440,000 in July 2020, which was around 11% below the average July 2020 detached price in the Wealden local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 45 PATCHAM MILL ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 45 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 |
---|---|---|---|
2020 31 JUL | £440,000 | £493,125 | 11% below HPI |
2005 29 MAR | £249,950 | £313,306 | 20% below HPI |
2000 24 NOV | £150,000 | £199,045 | 25% below HPI |
1998 28 MAY | £115,500 | £140,064 | 18% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 45 PATCHAM MILL ROAD sales between May 1998 and July 2020 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
45 PATCHAM MILL ROAD is 131m², which includes four extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 45 PATCHAM MILL ROAD lies on this distribution: 81% of detached houses are smaller than 45 PATCHAM MILL ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.
45 PATCHAM MILL ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 45 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 45 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.
45 PATCHAM MILL ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 45 on PATCHAM MILL ROAD.