17, OLD DRIVE, POLEGATE, BN26 5ET - £270,000

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

17 OLD DRIVE is a small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £270,000 in September 2014, which was around 33% below the average September 2014 detached price in the Wealden local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

17 OLD DRIVE Sold Prices

Land registry data shows four sales for 17 OLD DRIVE 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 17 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
2014 12 SEP	£270,000	£400,771	33% below HPI
2006 11 OCT	£249,950	£329,853	24% below HPI
2005 3 FEB	£240,000	£314,124	24% below HPI
1999 26 MAY	£115,000	£149,284	23% below HPI

17 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 four 17 OLD DRIVE sales between May 1999 and September 2014 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 October 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 17 OLD DRIVE?

17 OLD DRIVE is 70m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 17 OLD DRIVE lies on this distribution: 21% of detached houses are smaller than 17 OLD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Polegate.

17 OLD DRIVE: Plot and Title Map

17 OLD DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 17 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 17 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 17 OLD DRIVE?

17 OLD DRIVE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 17 on OLD DRIVE.