15, LANCING WAY, POLEGATE, BN26 5PL - £360,000

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.

15 LANCING WAY is a large detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £410,961. It was last sold for £360,000 in April 2021, which was around 32% below the average April 2021 detached price in the Wealden local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

15 LANCING WAY Sold Prices

Land registry data shows four sales for 15 LANCING WAY 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 15 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
2021 12 APR	£360,000	£529,781	32% below HPI
2018 22 NOV	£360,000	£517,583	30% below HPI
2004 27 OCT	£219,500	£325,574	33% below HPI
1998 16 FEB	£79,500	£139,736	43% below HPI

15 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 four 15 LANCING WAY sales between February 1998 and April 2021 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 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15 LANCING WAY be worth now?

15 LANCING WAY might now be worth an estimated £410,961.

This is based on house price inflation of 14.2%, between April 2021 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 14.2% inflationary increase is applied to the most recent sale price for 15 LANCING WAY of £360,000 on 12th April 2021. For the value to have increased from £360,000 to £410,961 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 15 LANCING WAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The April 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LANCING WAY has not materially changed since April 2021.

How Large is 15 LANCING WAY?

15 LANCING WAY is 86m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% 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 15 LANCING WAY lies on this distribution: 61% of detached houses houses are smaller than 15 LANCING WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Wannock.

15 LANCING WAY: Plot and Title Map

15 LANCING WAY sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 15 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 15 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 15 LANCING WAY?

15 LANCING WAY is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 15 on LANCING WAY.