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

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.

2 SPURWAY PARK is a small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £425,425. It was last sold for £265,000 in March 2013, which was around 30% 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	£376,719	30% below HPI
2009 6 OCT	£220,000	£352,370	38% below HPI
2007 26 APR	£237,500	£354,885	33% below HPI
2006 24 APR	£213,000	£332,351	36% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 SPURWAY PARK be worth now?

2 SPURWAY PARK might now be worth an estimated £425,425.

This is based on house price inflation of 60.5%, between March 2013 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 60.5% inflationary increase is applied to the most recent sale price for 2 SPURWAY PARK of £265,000 on 6th March 2013. For the value to have increased from £265,000 to £425,425 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 2 SPURWAY PARK has moved in line with the HPI for detached houses in the Wealden local authority area.
• The March 2013 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPURWAY PARK has not materially changed since March 2013.

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 houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polegate, and where 2 SPURWAY PARK lies on this distribution: 26% of detached houses 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.