38, MEDINA DRIVE, STONE CROSS, PEVENSEY, BN24 5EY - £322,500

38 MEDINA DRIVE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £322,500 in September 2018, which was around 37% below the average September 2018 detached price in the Wealden local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

38 MEDINA DRIVE Sold Prices

Land registry data shows three sales for 38 MEDINA DRIVE 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 38 MEDINA DRIVE 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
2018 21 SEP	£322,500	£510,006	37% below HPI
2013 8 NOV	£225,000	£374,547	40% below HPI
1998 6 NOV	£91,950	£149,531	39% below HPI

38 MEDINA DRIVE 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 38 MEDINA DRIVE sales between November 1998 and September 2018 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 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 38 MEDINA DRIVE?

38 MEDINA DRIVE is 79m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% 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 38 MEDINA DRIVE lies on this distribution: 7% of detached houses are smaller than 38 MEDINA DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

38 MEDINA DRIVE: Plot and Title Map

38 MEDINA DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 38 MEDINA DRIVE, 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 38 MEDINA DRIVE). 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 38 MEDINA DRIVE?

38 MEDINA DRIVE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 38 on MEDINA DRIVE.