25, BANNER WAY, STONE CROSS, PEVENSEY, BN24 5FE - £246,000

25 BANNER WAY is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £246,000 in August 2013, which was around 33% below the average August 2013 detached price in the Wealden local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

25 BANNER WAY Sold Prices

Land registry data shows three sales for 25 BANNER WAY 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 25 BANNER WAY 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
2013 16 AUG	£246,000	£366,749	33% below HPI
2001 29 JUN	£148,000	£210,188	30% below HPI
1996 19 SEP	£83,000	£113,219	27% below HPI

25 BANNER WAY 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 25 BANNER WAY sales between September 1996 and August 2013 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 June 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 25 BANNER WAY?

25 BANNER WAY is 90m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% 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 25 BANNER WAY lies on this distribution: 20% of detached houses are smaller than 25 BANNER WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

25 BANNER WAY: Plot and Title Map

25 BANNER WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 25 BANNER WAY, 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 25 BANNER WAY). 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 25 BANNER WAY?

25 BANNER WAY is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 25 on BANNER WAY.