15, GLESSING ROAD, STONE CROSS, PEVENSEY, BN24 5FD - £169,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 GLESSING ROAD is a very small terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £285,953. It was last sold for £169,000 in November 2011, which was around 4% below the average November 2011 terraced price in the Wealden local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

15 GLESSING ROAD Sold Prices

Land registry data shows six sales for 15 GLESSING ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Wealden local authority area for the corresponding sale date. Most of the six 15 GLESSING 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
2011 8 NOV	£169,000	£175,374	4% below HPI
2006 20 DEC	£161,500	£178,184	9% below HPI
2005 14 JAN	£152,500	£160,566	5% below HPI
2003 30 JUN	£143,000	£133,031	7% above HPI
2001 10 OCT	£91,500	£95,601	4% below HPI
1998 12 MAR	£61,000	£62,141	2% below HPI

15 GLESSING ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wealden local authority area over time, sourced from the HPI. The six 15 GLESSING ROAD sales between March 1998 and November 2011 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 December 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2011 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 GLESSING ROAD be worth now?

15 GLESSING ROAD might now be worth an estimated £285,953.

This is based on house price inflation of 69.2%, between November 2011 and July 2025, for terraced 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 69.2% inflationary increase is applied to the most recent sale price for 15 GLESSING ROAD of £169,000 on 8th November 2011. For the value to have increased from £169,000 to £285,953 over the fourteen years and four months to July 2025, the following assumptions must hold true:

• The value of 15 GLESSING ROAD has moved in line with the HPI for terraced houses in the Wealden local authority area.
• The November 2011 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GLESSING ROAD has not materially changed since November 2011.

How Large is 15 GLESSING ROAD?

15 GLESSING ROAD is 60m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of terraced houses houses in Stone Cross, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stone Cross, and where 15 GLESSING ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 GLESSING ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

15 GLESSING ROAD: Plot and Title Map

15 GLESSING ROAD sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 15 GLESSING 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 15 GLESSING 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 15 GLESSING ROAD?

15 GLESSING ROAD is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 15 on GLESSING ROAD.