8, SWALE CLOSE, STONE CROSS, PEVENSEY, BN24 5QY - £268,000

8 SWALE CLOSE is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £268,000 in June 2015, which was around 34% below the average June 2015 detached price in the Wealden local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

8 SWALE CLOSE Sold Prices

Land registry data shows four sales for 8 SWALE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 8 SWALE 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
2015 25 JUN	£268,000	£406,948	34% below HPI
2014 28 JUL	£237,000	£381,045	38% below HPI
2006 17 NOV	£222,500	£336,321	34% below HPI
1999 20 DEC	£99,950	£171,273	42% below HPI

8 SWALE 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 four 8 SWALE CLOSE sales between December 1999 and June 2015 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 July 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 SWALE CLOSE?

8 SWALE CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 8 SWALE CLOSE lies on this distribution: 2% of detached houses are smaller than 8 SWALE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stone Cross.

8 SWALE CLOSE: Plot and Title Map

8 SWALE CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 SWALE 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 8 SWALE 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 8 SWALE CLOSE?

8 SWALE CLOSE is located in STONE CROSS, in the BN24 postcode district. The below map shows the position of No. 8 on SWALE CLOSE.