5, PATCHAM MILL ROAD, STONE CROSS, PEVENSEY, BN24 5PA - £286,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 PATCHAM MILL ROAD is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £351,440. It was last sold for £286,000 in October 2017, which was around 43% below the average October 2017 detached price in the Wealden local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

5 PATCHAM MILL ROAD Sold Prices

Land registry data shows three sales for 5 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 5 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
2017 27 OCT	£286,000	£499,285	43% below HPI
2014 25 NOV	£243,000	£415,696	42% below HPI
1996 31 OCT	£84,950	£117,467	28% below HPI

5 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 5 PATCHAM MILL ROAD sales between October 1996 and October 2017 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 November 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 5 PATCHAM MILL ROAD be worth now?

5 PATCHAM MILL ROAD might now be worth an estimated £351,440.

This is based on house price inflation of 22.9%, between October 2017 and December 2024, 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 22.9% inflationary increase is applied to the most recent sale price for 5 PATCHAM MILL ROAD of £286,000 on 27th October 2017. For the value to have increased from £286,000 to £351,440 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 PATCHAM MILL ROAD has moved in line with the HPI for detached houses in the Wealden local authority area.
• The October 2017 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PATCHAM MILL ROAD has not materially changed since October 2017.

How Large is 5 PATCHAM MILL ROAD?

5 PATCHAM MILL ROAD is 92m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses houses in Stone Cross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stone Cross, and where 5 PATCHAM MILL ROAD lies on this distribution: 27% of detached houses houses are smaller than 5 PATCHAM MILL ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

5 PATCHAM MILL ROAD: Plot and Title Map

5 PATCHAM MILL ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 5 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 5 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 5 PATCHAM MILL ROAD?

5 PATCHAM MILL ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 5 on PATCHAM MILL ROAD.