11, MILL CLOSE, POLEGATE, BN26 5PD - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 MILL CLOSE is a very large detached house of 109m², built sometime between 1950 and 1966. It was last sold for £280,000 in July 2010, which was around 22% below the average July 2010 detached price in the Wealden local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

11 MILL CLOSE Sold Prices

Land registry data shows three sales for 11 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 11 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
2010 27 JUL	£280,000	£358,955	22% below HPI
2009 22 MAY	£265,000	£312,651	15% below HPI
1998 30 APR	£105,000	£135,529	23% below HPI

11 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 11 MILL CLOSE sales between April 1998 and July 2010 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 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2010 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 11 MILL CLOSE?

11 MILL CLOSE is 109m² according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses by size in Wannock, and where 11 MILL CLOSE lies on this distribution: 83% of detached houses are smaller than 11 MILL CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wannock.

11 MILL CLOSE: Plot and Title Map

11 MILL CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 11 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 11 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 11 MILL CLOSE?

11 MILL CLOSE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 11 on MILL CLOSE.