6, SHIPLEY MILL CLOSE, STONE CROSS, PEVENSEY, BN24 5PY - £365,000

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

6 SHIPLEY MILL CLOSE is a very small extended detached house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £355,085. It was last sold for £365,000 in October 2024, which was around 42% below the average October 2024 detached price in the Wealden local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

6 SHIPLEY MILL CLOSE Sold Prices

Land registry data shows three sales for 6 SHIPLEY MILL 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 6 SHIPLEY MILL 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
2024 3 OCT	£365,000	£630,659	42% below HPI
2014 28 FEB	£222,000	£384,152	42% below HPI
1998 30 OCT	£93,950	£155,155	39% below HPI

6 SHIPLEY MILL 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 6 SHIPLEY MILL CLOSE sales between October 1998 and October 2024 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 February 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2024 sale, which was also at 42% below the HPI.

What might 6 SHIPLEY MILL CLOSE be worth now?

6 SHIPLEY MILL CLOSE might now be worth an estimated £355,085.

This is based on house price deflation of 2.7%, between October 2024 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 2.7% deflationary decrease is applied to the most recent sale price for 6 SHIPLEY MILL CLOSE of £365,000 on 3rd October 2024. For the value to have decreased from £365,000 to £355,085 over the ten months to December 2024, the following assumptions must hold true:

• The value of 6 SHIPLEY MILL CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The October 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SHIPLEY MILL CLOSE has not materially changed since October 2024.

How Large is 6 SHIPLEY MILL CLOSE?

6 SHIPLEY MILL CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% 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 6 SHIPLEY MILL CLOSE lies on this distribution: 7% of detached houses houses are smaller than 6 SHIPLEY MILL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

6 SHIPLEY MILL CLOSE: Plot and Title Map

6 SHIPLEY MILL CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 6 SHIPLEY MILL 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 6 SHIPLEY MILL 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 6 SHIPLEY MILL CLOSE?

6 SHIPLEY MILL CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 6 on SHIPLEY MILL CLOSE.