16, OLD DRIVE, POLEGATE, BN26 5ET - £269,000

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.

16 OLD DRIVE is a small extended detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £454,952. It was last sold for £269,000 in January 2011, which was around 25% below the average January 2011 detached price in the Wealden local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

16 OLD DRIVE Sold Prices

Land registry data shows two sales for 16 OLD DRIVE 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 16 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
2011 7 JAN	£269,000	£357,587	25% below HPI
2009 26 JAN	£201,500	£351,567	43% below HPI

16 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 two 16 OLD DRIVE sales from January 2009 and January 2011 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 January 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2011 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 OLD DRIVE be worth now?

16 OLD DRIVE might now be worth an estimated £454,952.

This is based on house price inflation of 69.1%, between January 2011 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 69.1% inflationary increase is applied to the most recent sale price for 16 OLD DRIVE of £269,000 on 7th January 2011. For the value to have increased from £269,000 to £454,952 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 OLD DRIVE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The January 2011 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OLD DRIVE has not materially changed since January 2011.

How Large is 16 OLD DRIVE?

16 OLD DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% 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 16 OLD DRIVE lies on this distribution: 26% of detached houses houses are smaller than 16 OLD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Polegate.

16 OLD DRIVE: Plot and Title Map

16 OLD DRIVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 16 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 16 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 16 OLD DRIVE?

16 OLD DRIVE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 16 on OLD DRIVE.