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

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.

12 LANCING WAY is a small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £409,596. It was last sold for £410,000 in September 2023, which was around 32% 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	£605,373	32% below HPI
1999 4 AUG	£103,000	£161,902	36% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 LANCING WAY be worth now?

12 LANCING WAY might now be worth an estimated £409,596.

This is based on house price deflation of 0.1%, between September 2023 and February 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 0.1% deflationary decrease is applied to the most recent sale price for 12 LANCING WAY of £410,000 on 26th September 2023. For the value to have decreased from £410,000 to £409,596 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 LANCING WAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The September 2023 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LANCING WAY has not materially changed since September 2023.

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 houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wannock, and where 12 LANCING WAY lies on this distribution: 23% of detached houses houses are smaller than 12 LANCING WAY, and 74% 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.