18, CROFT CLOSE, POLEGATE, BN26 5LE - £315,000

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.

18 CROFT CLOSE is a very small semi-detached house of 51m², built sometime between 1950 and 1966, which could now be worth an estimated £314,896. It was last sold for £315,000 in July 2022, which was around 12% below the average July 2022 semi-detached price in the Wealden local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

18 CROFT CLOSE Sold Prices

Land registry data shows five sales for 18 CROFT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Wealden local authority area for the corresponding sale date. All of the five 18 CROFT CLOSE 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 22 JUL	£315,000	£359,703	12% below HPI
2019 12 APR	£250,000	£299,685	17% below HPI
2017 15 AUG	£265,000	£290,180	9% below HPI
2010 30 SEP	£185,000	£218,843	15% below HPI
2006 8 MAR	£160,000	£198,285	19% below HPI

18 CROFT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wealden local authority area over time, sourced from the HPI. The five 18 CROFT CLOSE sales between March 2006 and July 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 April 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 18 CROFT CLOSE be worth now?

18 CROFT CLOSE might now be worth an estimated £314,896.

This is based on house price deflation of 0%, between July 2022 and February 2025, for semi-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 0% deflationary decrease is applied to the most recent sale price for 18 CROFT CLOSE of £315,000 on 22nd July 2022. For the value to have decreased from £315,000 to £314,896 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 18 CROFT CLOSE has moved in line with the HPI for semi-detached houses in the Wealden local authority area.
• The July 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CROFT CLOSE has not materially changed since July 2022.

How Large is 18 CROFT CLOSE?

18 CROFT CLOSE is 51m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Polegate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Polegate, and where 18 CROFT CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 18 CROFT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Polegate.

18 CROFT CLOSE: Plot and Title Map

18 CROFT CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 18 CROFT CLOSE, 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 18 CROFT CLOSE). 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 18 CROFT CLOSE?

18 CROFT CLOSE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 18 on CROFT CLOSE.