11, OLD DRIVE, POLEGATE, BN26 5EU - £449,950

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

11 OLD DRIVE is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £449,950 in June 2016, which was around 1% below the average June 2016 detached price in the Wealden local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.

11 OLD DRIVE Sold Prices

Land registry data shows two sales for 11 OLD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. One of the two 11 OLD DRIVE sales was for below the average price, whilst the other was for above 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
2016 24 JUN	£449,950	£453,997	1% below HPI
2005 9 SEP	£372,500	£320,941	16% above HPI

11 OLD DRIVE 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 two 11 OLD DRIVE sales from September 2005 and June 2016 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 September 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 11 OLD DRIVE?

11 OLD DRIVE is 163m², which includes four extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 11 OLD DRIVE lies on this distribution: 94% of detached houses are smaller than 11 OLD DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Polegate.

11 OLD DRIVE: Plot and Title Map

11 OLD DRIVE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 11 OLD DRIVE, 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 OLD DRIVE). 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 OLD DRIVE?

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