12, CHERWELL CLOSE, STONE CROSS, PEVENSEY, BN24 5PL - £250,000

12 CHERWELL CLOSE is a very large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2012, which was around 27% below the average March 2012 detached price in the Wealden local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

12 CHERWELL CLOSE Sold Prices

Land registry data shows four sales for 12 CHERWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 12 CHERWELL 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
2012 7 MAR	£250,000	£343,408	27% below HPI
2007 1 NOV	£276,500	£370,977	25% below HPI
2005 10 JUN	£264,950	£316,843	16% below HPI
1997 15 OCT	£105,500	£128,607	18% below HPI

12 CHERWELL 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 four 12 CHERWELL CLOSE sales between October 1997 and March 2012 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 CHERWELL CLOSE?

12 CHERWELL CLOSE is 130m² according to the EPC inspection conducted in March 2011. 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 12 CHERWELL CLOSE lies on this distribution: 80% of detached houses are smaller than 12 CHERWELL CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

12 CHERWELL CLOSE: Plot and Title Map

12 CHERWELL CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 12 CHERWELL 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 12 CHERWELL 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 12 CHERWELL CLOSE?

12 CHERWELL CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 12 on CHERWELL CLOSE.