10, MILL CLOSE, POLEGATE, BN26 5PD - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 MILL CLOSE is a very large detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £496,835. It was last sold for £420,000 in July 2019, which was around 18% below the average July 2019 detached price in the Wealden local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

10 MILL CLOSE Sold Prices

Land registry data shows three sales for 10 MILL 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 10 MILL 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
2019 10 JUL	£420,000	£510,932	18% below HPI
2002 19 JUL	£222,500	£244,942	9% below HPI
1995 9 FEB	£83,800	£112,727	26% below HPI

10 MILL 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 10 MILL CLOSE sales between February 1995 and July 2019 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 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 10 MILL CLOSE be worth now?

10 MILL CLOSE might now be worth an estimated £496,835.

This is based on house price inflation of 18.3%, between July 2019 and June 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.3% inflationary increase is applied to the most recent sale price for 10 MILL CLOSE of £420,000 on 10th July 2019. For the value to have increased from £420,000 to £496,835 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 10 MILL CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The July 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MILL CLOSE has not materially changed since July 2019.

How Large is 10 MILL CLOSE?

10 MILL CLOSE is 113m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of detached houses houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wannock, and where 10 MILL CLOSE lies on this distribution: 87% of detached houses houses are smaller than 10 MILL CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wannock.

10 MILL CLOSE: Plot and Title Map

10 MILL CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 10 MILL 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 10 MILL 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 10 MILL CLOSE?

10 MILL CLOSE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 10 on MILL CLOSE.