12, OLD MILL LANE, POLEGATE, BN26 5NS - £250,000

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 OLD MILL LANE is a small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £250,000 in October 2009, which was around 26% below the average October 2009 detached price in the Wealden local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

12 OLD MILL LANE Sold Prices

Land registry data shows four sales for 12 OLD MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 12 OLD MILL LANE 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
2009 6 OCT	£250,000	£340,108	26% below HPI
2002 9 MAY	£174,000	£222,855	22% below HPI
1998 1 APR	£115,000	£135,529	15% below HPI
1996 12 SEP	£65,000	£113,219	43% below HPI

12 OLD MILL LANE 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 four 12 OLD MILL LANE sales between September 1996 and October 2009 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 OLD MILL LANE?

12 OLD MILL LANE is 76m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% 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 OLD MILL LANE lies on this distribution: 33% of detached houses are smaller than 12 OLD MILL LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wannock.

12 OLD MILL LANE: Plot and Title Map

12 OLD MILL LANE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 12 OLD MILL LANE, 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 OLD MILL LANE). 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 OLD MILL LANE?

12 OLD MILL LANE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 12 on OLD MILL LANE.