14, FAIROAKS, POLEGATE, BN26 6NG - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 FAIROAKS is a small detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £368,108. It was last sold for £380,000 in December 2022, which was around 40% below the average December 2022 detached price in the Wealden local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

14 FAIROAKS Sold Prices

Land registry data shows two sales for 14 FAIROAKS 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 14 FAIROAKS 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
2022 12 DEC	£380,000	£633,347	40% below HPI
2000 24 NOV	£159,950	£206,221	22% below HPI

14 FAIROAKS 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 14 FAIROAKS sales from November 2000 and December 2022 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 November 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 14 FAIROAKS be worth now?

14 FAIROAKS might now be worth an estimated £368,108.

This is based on house price deflation of 3.1%, between December 2022 and December 2024, 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 3.1% deflationary decrease is applied to the most recent sale price for 14 FAIROAKS of £380,000 on 12th December 2022. For the value to have decreased from £380,000 to £368,108 over the two years to December 2024, the following assumptions must hold true:

• The value of 14 FAIROAKS has moved in line with the HPI for detached houses in the Wealden local authority area.
• The December 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FAIROAKS has not materially changed since December 2022.

How Large is 14 FAIROAKS?

14 FAIROAKS is 81m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polegate, and where 14 FAIROAKS lies on this distribution: 38% of detached houses houses are smaller than 14 FAIROAKS, and 61% of houses are larger. Note that EPC data is not available for all properties in Polegate.

14 FAIROAKS: Plot and Title Map

14 FAIROAKS sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 14 FAIROAKS, 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 14 FAIROAKS). 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 14 FAIROAKS?

14 FAIROAKS is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 14 on FAIROAKS.