12, LANCING WAY, POLEGATE, BN26 5PL - £410,000

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

12 LANCING WAY is a small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £410,000 in September 2023, which was around 30% below the average September 2023 detached price in the Wealden local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

12 LANCING WAY Sold Prices

Land registry data shows two sales for 12 LANCING WAY 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. Both of the two 12 LANCING WAY 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 26 SEP	£410,000	£585,515	30% below HPI
1999 4 AUG	£103,000	£156,268	34% below HPI

12 LANCING WAY 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 12 LANCING WAY sales from August 1999 and September 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 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 LANCING WAY?

12 LANCING WAY is 73m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses by size in Wannock, and where 12 LANCING WAY lies on this distribution: 22% of detached houses are smaller than 12 LANCING WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Wannock.

12 LANCING WAY: Plot and Title Map

12 LANCING WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 12 LANCING WAY, 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 12 LANCING WAY). 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 12 LANCING WAY?

12 LANCING WAY is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 12 on LANCING WAY.