13, OLD DRIVE, POLEGATE, BN26 5ET - £425,000

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

13 OLD DRIVE is a midsized extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £425,000 in May 2023, which was around 28% below the average May 2023 detached price in the Wealden local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

13 OLD DRIVE Sold Prices

Land registry data shows five sales for 13 OLD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five 13 OLD DRIVE 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 19 MAY	£425,000	£587,889	28% below HPI
2013 3 MAY	£265,000	£366,113	28% below HPI
2005 8 AUG	£257,000	£318,849	19% below HPI
2004 23 DEC	£205,000	£312,260	34% below HPI
1999 20 OCT	£117,000	£165,667	29% below HPI

13 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 five 13 OLD DRIVE sales between October 1999 and May 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 May 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2023 sale, which was also at 28% below the HPI.

How Large is 13 OLD DRIVE?

13 OLD DRIVE is 94m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 13 OLD DRIVE lies on this distribution: 54% of detached houses are smaller than 13 OLD DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Polegate.

13 OLD DRIVE: Plot and Title Map

13 OLD DRIVE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 13 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 13 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 13 OLD DRIVE?

13 OLD DRIVE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 13 on OLD DRIVE.