33, OLD MILL LANE, POLEGATE, BN26 5NQ - £410,000

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.

33 OLD MILL LANE is a very small detached house of 47m², built sometime between 1950 and 1966, which could now be worth an estimated £419,133. It was last sold for £410,000 in April 2022, which was around 31% below the average April 2022 detached price in the Wealden local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

33 OLD MILL LANE Sold Prices

Land registry data shows two sales for 33 OLD MILL LANE 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 33 OLD MILL LANE 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
2022 25 APR	£410,000	£591,598	31% below HPI
2003 30 APR	£205,000	£295,756	31% below HPI

33 OLD MILL LANE 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 33 OLD MILL LANE sales from April 2003 and April 2022 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 April 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2022 sale, which was also at 31% below the HPI.

What might 33 OLD MILL LANE be worth now?

33 OLD MILL LANE might now be worth an estimated £419,133.

This is based on house price inflation of 2.2%, between April 2022 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 2.2% inflationary increase is applied to the most recent sale price for 33 OLD MILL LANE of £410,000 on 25th April 2022. For the value to have increased from £410,000 to £419,133 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 33 OLD MILL LANE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The April 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 33 OLD MILL LANE has not materially changed since April 2022.

How Large is 33 OLD MILL LANE?

33 OLD MILL LANE is 47m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wannock, and where 33 OLD MILL LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 33 OLD MILL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wannock.

33 OLD MILL LANE: Plot and Title Map

33 OLD MILL LANE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 33 OLD MILL LANE, 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 33 OLD MILL LANE). 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 33 OLD MILL LANE?

33 OLD MILL LANE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 33 on OLD MILL LANE.