2, ORWELL CLOSE, STONE CROSS, PEVENSEY, BN24 5QW - £325,000

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.

2 ORWELL CLOSE is a small extended terraced house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £395,284. It was last sold for £325,000 in March 2020, which was around 33% above the average March 2020 terraced price in the Wealden local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 ORWELL CLOSE Sold Prices

Land registry data shows seven sales for 2 ORWELL CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Wealden local authority area for the corresponding sale date. All of the seven 2 ORWELL CLOSE sales were for above 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
2020 30 MAR	£325,000	£243,976	33% above HPI
2020 26 MAR	£350,000	£243,976	43% above HPI
2016 10 JUN	£282,000	£231,408	22% above HPI
2011 30 SEP	£250,000	£179,246	39% above HPI
2003 12 JUN	£178,000	£133,031	34% above HPI
2001 3 AUG	£125,000	£97,221	29% above HPI
1999 14 MAY	£88,950	£69,466	28% above HPI

2 ORWELL CLOSE 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 seven 2 ORWELL CLOSE sales between May 1999 and March 2020 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 March 2020 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 ORWELL CLOSE be worth now?

2 ORWELL CLOSE might now be worth an estimated £395,284.

This is based on house price inflation of 21.6%, between March 2020 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 21.6% inflationary increase is applied to the most recent sale price for 2 ORWELL CLOSE of £325,000 on 30th March 2020. For the value to have increased from £325,000 to £395,284 over the four years and eight months to July 2025, the following assumptions must hold true:

• The value of 2 ORWELL CLOSE has moved in line with the HPI for terraced houses in the Wealden local authority area.
• The March 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORWELL CLOSE has not materially changed since March 2020.

How Large is 2 ORWELL CLOSE?

2 ORWELL CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 2 ORWELL CLOSE lies on this distribution: 34% of terraced houses houses are smaller than 2 ORWELL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

2 ORWELL CLOSE: Plot and Title Map

2 ORWELL CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 ORWELL 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 2 ORWELL 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 2 ORWELL CLOSE?

2 ORWELL CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 2 on ORWELL CLOSE.