2, SPURWAY PARK, POLEGATE, BN26 5DQ - £265,000

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

2 SPURWAY PARK is a small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £265,000 in March 2013, which was around 27% below the average March 2013 detached price in the Wealden local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

2 SPURWAY PARK Sold Prices

Land registry data shows four sales for 2 SPURWAY PARK 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 2 SPURWAY PARK 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
2013 6 MAR	£265,000	£363,609	27% below HPI
2009 6 OCT	£220,000	£340,108	35% below HPI
2007 26 APR	£237,500	£342,535	31% below HPI
2006 24 APR	£213,000	£320,786	34% below HPI

2 SPURWAY PARK 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 2 SPURWAY PARK sales between April 2006 and March 2013 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 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2013 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 SPURWAY PARK?

2 SPURWAY PARK is 72m² according to the EPC inspection conducted in July 2009. 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 2 SPURWAY PARK lies on this distribution: 26% of detached houses are smaller than 2 SPURWAY PARK, and 74% of houses are larger. Note that EPC data is not available for all properties in Polegate.

2 SPURWAY PARK: Plot and Title Map

2 SPURWAY PARK sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 SPURWAY PARK, 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 SPURWAY PARK). 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 SPURWAY PARK?

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