2, LANCING WAY, POLEGATE, BN26 5PL - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LANCING WAY is a small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £325,000 in November 2019, which was around 35% below the average November 2019 detached price in the Wealden local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

2 LANCING WAY Sold Prices

Land registry data shows five sales for 2 LANCING WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five 2 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
2019 29 NOV	£325,000	£501,211	35% below HPI
2019 21 AUG	£255,000	£493,783	48% below HPI
2015 23 JUN	£315,000	£406,948	23% below HPI
2013 28 JUN	£202,000	£356,535	43% below HPI
2011 28 MAR	£170,000	£346,019	51% below HPI

2 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 five 2 LANCING WAY sales between March 2011 and November 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 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 LANCING WAY?

2 LANCING WAY is 73m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses by size in Wannock, and where 2 LANCING WAY lies on this distribution: 22% of detached houses are smaller than 2 LANCING WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Wannock.

2 LANCING WAY: Plot and Title Map

2 LANCING WAY sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 2 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 2 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 2 LANCING WAY?

2 LANCING WAY is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 2 on LANCING WAY.