1, CLEMENT LANE, POLEGATE, BN26 5DR - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CLEMENT LANE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £420,000 in March 2023, which was around 30% below the average March 2023 detached price in the Wealden local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1 CLEMENT LANE Sold Prices

Land registry data shows four sales for 1 CLEMENT LANE 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 1 CLEMENT LANE 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
2023 16 MAR	£420,000	£596,075	30% below HPI
2016 23 AUG	£290,000	£471,746	39% below HPI
2000 7 JAN	£96,000	£170,006	44% below HPI
1997 30 APR	£64,000	£118,053	46% below HPI

1 CLEMENT LANE 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 1 CLEMENT LANE sales between April 1997 and March 2023 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 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 CLEMENT LANE?

1 CLEMENT LANE is 61m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 1 CLEMENT LANE lies on this distribution: 9% of detached houses are smaller than 1 CLEMENT LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Polegate.

1 CLEMENT LANE: Plot and Title Map

1 CLEMENT LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 CLEMENT LANE, 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 1 CLEMENT LANE). 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 1 CLEMENT LANE?

1 CLEMENT LANE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 1 on CLEMENT LANE.