5, GALLOWS LANE, WESTHAM, PEVENSEY, BN24 5AA - £407,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GALLOWS LANE is a midsized detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £469,783. It was last sold for £407,500 in April 2020, which was around 22% below the average April 2020 detached price in the Wealden local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

5 GALLOWS LANE Sold Prices

Land registry data shows three sales for 5 GALLOWS LANE 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 5 GALLOWS LANE 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 23 APR	£407,500	£524,596	22% below HPI
2015 23 JUL	£375,000	£432,033	13% below HPI
2007 28 FEB	£314,000	£362,496	13% below HPI

5 GALLOWS LANE 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 5 GALLOWS LANE sales between February 2007 and April 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 July 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 GALLOWS LANE be worth now?

5 GALLOWS LANE might now be worth an estimated £469,783.

This is based on house price inflation of 15.3%, between April 2020 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 5 GALLOWS LANE of £407,500 on 23rd April 2020. For the value to have increased from £407,500 to £469,783 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 5 GALLOWS LANE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The April 2020 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GALLOWS LANE has not materially changed since April 2020.

How Large is 5 GALLOWS LANE?

5 GALLOWS LANE is 95m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses houses in Westham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westham, and where 5 GALLOWS LANE lies on this distribution: 44% of detached houses houses are smaller than 5 GALLOWS LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Westham.

5 GALLOWS LANE: Plot and Title Map

5 GALLOWS LANE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 5 GALLOWS LANE, 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 5 GALLOWS LANE). 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 5 GALLOWS LANE?

5 GALLOWS LANE is located in WESTHAM, in the BN24 postcode district. The below map shows the position of No. 5 on GALLOWS LANE.