19, THE MILLRACE, POLEGATE, BN26 5LP - £327,000

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.

19 THE MILLRACE is a midsized detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £390,965. It was last sold for £327,000 in January 2019, which was around 35% below the average January 2019 detached price in the Wealden local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was B.

19 THE MILLRACE Sold Prices

Land registry data shows two sales for 19 THE MILLRACE 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 19 THE MILLRACE 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
2019 10 JAN	£327,000	£505,830	35% below HPI
2017 18 AUG	£245,000	£497,805	51% below HPI

19 THE MILLRACE 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 19 THE MILLRACE sales from August 2017 and January 2019 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 August 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 19 THE MILLRACE be worth now?

19 THE MILLRACE might now be worth an estimated £390,965.

This is based on house price inflation of 19.6%, between January 2019 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 19.6% inflationary increase is applied to the most recent sale price for 19 THE MILLRACE of £327,000 on 10th January 2019. For the value to have increased from £327,000 to £390,965 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 19 THE MILLRACE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The January 2019 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 19 THE MILLRACE has not materially changed since January 2019.

How Large is 19 THE MILLRACE?

19 THE MILLRACE is 85m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% 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 19 THE MILLRACE lies on this distribution: 43% of detached houses houses are smaller than 19 THE MILLRACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Polegate.

19 THE MILLRACE: Plot and Title Map

19 THE MILLRACE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 19 THE MILLRACE, 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 19 THE MILLRACE). 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 19 THE MILLRACE?

19 THE MILLRACE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 19 on THE MILLRACE.