10, PALMA CLOSE, POLEGATE, BN26 6QB - £330,000

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

10 PALMA CLOSE is a small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £330,000 in August 2021, which was around 39% below the average August 2021 detached price in the Wealden local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

10 PALMA CLOSE Sold Prices

Land registry data shows three sales for 10 PALMA 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 PALMA 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
2021 13 AUG	£330,000	£539,113	39% below HPI
2012 25 MAY	£249,950	£342,073	27% below HPI
2009 2 JUL	£200,000	£315,670	37% below HPI

10 PALMA 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 PALMA CLOSE sales between July 2009 and August 2021 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 May 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 10 PALMA CLOSE?

10 PALMA CLOSE is 72m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 10 PALMA CLOSE lies on this distribution: 25% of detached houses are smaller than 10 PALMA CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Polegate.

10 PALMA CLOSE: Plot and Title Map

10 PALMA CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 10 PALMA 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 PALMA 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 PALMA CLOSE?

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