28, OLD DRIVE, POLEGATE, BN26 5ET - £249,500

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

28 OLD DRIVE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £249,500 in May 2013, which was around 32% below the average May 2013 detached price in the Wealden local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

28 OLD DRIVE Sold Prices

Land registry data shows two sales for 28 OLD DRIVE 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 28 OLD DRIVE 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 17 MAY	£249,500	£366,113	32% below HPI
2008 25 JAN	£262,500	£384,965	32% below HPI

28 OLD DRIVE 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 28 OLD DRIVE sales from January 2008 and May 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 January 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2013 sale, which was also at 32% below the HPI.

How Large is 28 OLD DRIVE?

28 OLD DRIVE is 68m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 28 OLD DRIVE lies on this distribution: 18% of detached houses are smaller than 28 OLD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Polegate.

28 OLD DRIVE: Plot and Title Map

28 OLD DRIVE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 28 OLD DRIVE, 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 28 OLD DRIVE). 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 28 OLD DRIVE?

28 OLD DRIVE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 28 on OLD DRIVE.