EAST LODGE, HANKHAM PLACE, DITTONS ROAD, STONE CROSS, PEVENSEY, BN24 5ER - £290,000

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

EAST LODGE is a very small extended detached house of 88m², built sometime before 1900. It was last sold for £290,000 in September 2023, which was around 51% below the average September 2023 detached price in the Wealden local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

EAST LODGE Sold Prices

Land registry data shows three sales for EAST LODGE 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 EAST LODGE 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
2023 22 SEP	£290,000	£588,824	51% below HPI
2015 21 SEP	£310,000	£432,788	28% below HPI
2004 30 JAN	£202,500	£290,606	30% below HPI

EAST LODGE 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 EAST LODGE sales between January 2004 and September 2023 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 September 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is EAST LODGE?

EAST LODGE is 88m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 EAST LODGE lies on this distribution: 16% of detached houses are smaller than EAST LODGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

EAST LODGE: Plot and Title Map

EAST LODGE sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of EAST LODGE, 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 EAST LODGE). 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 EAST LODGE?

EAST LODGE, HANKHAM PLACE is located on DITTONS ROAD in STONE CROSS, in the BN24 postcode district. The below map shows the position of EAST LODGE, HANKHAM PLACE on DITTONS ROAD.