40, PALESGATE LANE, CROWBOROUGH, TN6 3HF - £229,000

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

40 PALESGATE LANE is a small detached house of 110m², built sometime between 1967 and 1975. It was last sold for £229,000 in September 2006, which was around 30% below the average September 2006 detached price in the Wealden local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

40 PALESGATE LANE Sold Prices

Land registry data shows two sales for 40 PALESGATE 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 40 PALESGATE 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
2006 6 SEP	£229,000	£329,127	30% below HPI
2003 29 APR	£213,000	£285,464	25% below HPI

40 PALESGATE 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 40 PALESGATE LANE sales from April 2003 and September 2006 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2006 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 PALESGATE LANE?

40 PALESGATE LANE is 110m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where 40 PALESGATE LANE lies on this distribution: 31% of detached houses are smaller than 40 PALESGATE LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

40 PALESGATE LANE: Plot and Title Map

40 PALESGATE LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 40 PALESGATE 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 40 PALESGATE 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 40 PALESGATE LANE?

40 PALESGATE LANE is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 40 on PALESGATE LANE.