27, BANNER WAY, STONE CROSS, PEVENSEY, BN24 5FE - £370,000

27 BANNER WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £370,000 in July 2020, which was around 25% below the average July 2020 detached price in the Wealden local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

27 BANNER WAY Sold Prices

Land registry data shows six sales for 27 BANNER WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the six 27 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
2020 10 JUL	£370,000	£493,125	25% below HPI
2017 1 AUG	£366,000	£480,482	24% below HPI
2016 29 APR	£337,000	£450,971	25% below HPI
2012 2 OCT	£275,000	£365,154	25% below HPI
2001 28 AUG	£187,500	£213,308	12% below HPI
1996 14 NOV	£95,000	£113,080	16% below HPI

27 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 six 27 BANNER WAY sales between November 1996 and July 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 August 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 27 BANNER WAY?

27 BANNER WAY is 125m² according to the EPC inspection conducted in April 2019. This puts it in the largest 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 27 BANNER WAY lies on this distribution: 74% of detached houses are smaller than 27 BANNER WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

27 BANNER WAY: Plot and Title Map

27 BANNER WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 27 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 27 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 27 BANNER WAY?

27 BANNER WAY is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 27 on BANNER WAY.