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

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

4 GAINSBOROUGH LANE is a very small detached house of 47m², built sometime between 1950 and 1966. It was last sold for £338,000 in May 2021, which was around 34% 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	£512,390	34% below HPI
2006 18 JUL	£173,000	£330,504	48% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 4 GAINSBOROUGH LANE lies on this distribution: Less than 1% of detached 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.