4, GAINSBOROUGH LANE, POLEGATE, BN26 5HY - £338,000

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.

4 GAINSBOROUGH LANE is a very small detached house of 47m², built sometime between 1950 and 1966, which could now be worth an estimated £385,060. It was last sold for £338,000 in May 2021, which was around 36% below the average May 2021 detached price in the Wealden local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

4 GAINSBOROUGH LANE Sold Prices

Land registry data shows two sales for 4 GAINSBOROUGH 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 4 GAINSBOROUGH 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
2021 10 MAY	£338,000	£530,864	36% below HPI
2006 18 JUL	£173,000	£342,420	49% below HPI

4 GAINSBOROUGH 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 4 GAINSBOROUGH LANE sales from July 2006 and May 2021 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 July 2006 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4 GAINSBOROUGH LANE be worth now?

4 GAINSBOROUGH LANE might now be worth an estimated £385,060.

This is based on house price inflation of 13.9%, between May 2021 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 13.9% inflationary increase is applied to the most recent sale price for 4 GAINSBOROUGH LANE of £338,000 on 10th May 2021. For the value to have increased from £338,000 to £385,060 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 4 GAINSBOROUGH LANE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The May 2021 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GAINSBOROUGH LANE has not materially changed since May 2021.

How Large is 4 GAINSBOROUGH LANE?

4 GAINSBOROUGH LANE is 47m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 4 GAINSBOROUGH LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 4 GAINSBOROUGH LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Polegate.

4 GAINSBOROUGH LANE: Plot and Title Map

4 GAINSBOROUGH LANE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 4 GAINSBOROUGH 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 4 GAINSBOROUGH 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 4 GAINSBOROUGH LANE?

4 GAINSBOROUGH LANE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 4 on GAINSBOROUGH LANE.