7, GEERING ROAD, STONE CROSS, PEVENSEY, BN24 5FF - £410,000

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

7 GEERING ROAD is a very large extended detached house of 139m², built sometime between 1991 and 1995. It was last sold for £410,000 in August 2017, which was around 15% below the average August 2017 detached price in the Wealden local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

7 GEERING ROAD Sold Prices

Land registry data shows three sales for 7 GEERING 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 7 GEERING 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 4 AUG	£410,000	£480,482	15% below HPI
2005 28 FEB	£260,000	£314,124	17% below HPI
1999 15 OCT	£134,950	£165,667	19% below HPI

7 GEERING 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 7 GEERING ROAD sales between October 1999 and August 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 February 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 GEERING ROAD?

7 GEERING ROAD is 139m², which includes three extensions, according to the EPC inspection conducted in August 2015. 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 7 GEERING ROAD lies on this distribution: 88% of detached houses are smaller than 7 GEERING ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

7 GEERING ROAD: Plot and Title Map

7 GEERING ROAD sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 7 GEERING 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 7 GEERING 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 7 GEERING ROAD?

7 GEERING ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 7 on GEERING ROAD.