4, CHERWELL CLOSE, STONE CROSS, PEVENSEY, BN24 5PL - £400,000

4 CHERWELL CLOSE is a very large extended detached house of 141m², built sometime between 1991 and 1995. It was last sold for £400,000 in October 2018, which was around 21% below the average October 2018 detached price in the Wealden local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

4 CHERWELL CLOSE Sold Prices

Land registry data shows three sales for 4 CHERWELL CLOSE 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 4 CHERWELL CLOSE 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 5 OCT	£400,000	£504,127	21% below HPI
2014 15 AUG	£302,000	£390,949	23% below HPI
1997 21 NOV	£120,000	£130,966	8% below HPI

4 CHERWELL CLOSE 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 4 CHERWELL CLOSE sales between November 1997 and October 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 August 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 CHERWELL CLOSE?

4 CHERWELL CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% 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 4 CHERWELL CLOSE lies on this distribution: 89% of detached houses are smaller than 4 CHERWELL CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

4 CHERWELL CLOSE: Plot and Title Map

4 CHERWELL CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 4 CHERWELL 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 4 CHERWELL 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 4 CHERWELL CLOSE?

4 CHERWELL CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 4 on CHERWELL CLOSE.