5, DROCKMILL CLOSE, POLEGATE, BN26 6LX - £272,000

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

5 DROCKMILL CLOSE is a small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £272,000 in March 2010, which was around 21% below the average March 2010 detached price in the Wealden local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

5 DROCKMILL CLOSE Sold Prices

Land registry data shows six sales for 5 DROCKMILL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the six 5 DROCKMILL CLOSE 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
2010 19 MAR	£272,000	£343,503	21% below HPI
2007 25 MAY	£245,000	£340,684	28% below HPI
2005 9 SEP	£225,000	£320,941	30% below HPI
2004 30 SEP	£220,000	£314,998	30% below HPI
1999 1 NOV	£99,950	£168,792	41% below HPI
1996 24 SEP	£60,000	£113,219	47% below HPI

5 DROCKMILL CLOSE 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 six 5 DROCKMILL CLOSE sales between September 1996 and March 2010 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 May 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2010 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 DROCKMILL CLOSE?

5 DROCKMILL CLOSE is 73m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 5 DROCKMILL CLOSE lies on this distribution: 28% of detached houses are smaller than 5 DROCKMILL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Polegate.

5 DROCKMILL CLOSE: Plot and Title Map

5 DROCKMILL CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 5 DROCKMILL CLOSE, 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 5 DROCKMILL CLOSE). 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 5 DROCKMILL CLOSE?

5 DROCKMILL CLOSE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 5 on DROCKMILL CLOSE.