56, FARMLANDS WAY, POLEGATE, BN26 5LN - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 FARMLANDS WAY is a midsized extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £355,000 in October 2021, which was around 36% below the average October 2021 detached price in the Wealden local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

56 FARMLANDS WAY Sold Prices

Land registry data shows three sales for 56 FARMLANDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 56 FARMLANDS WAY 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 27 OCT	£355,000	£555,770	36% below HPI
2016 25 NOV	£288,000	£467,365	38% below HPI
2005 7 JUL	£177,504	£316,625	44% below HPI

56 FARMLANDS WAY 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 three 56 FARMLANDS WAY sales between July 2005 and October 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 November 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 56 FARMLANDS WAY?

56 FARMLANDS WAY is 82m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses by size in Wannock, and where 56 FARMLANDS WAY lies on this distribution: 50% of detached houses are smaller than 56 FARMLANDS WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Wannock.

56 FARMLANDS WAY: Plot and Title Map

56 FARMLANDS WAY sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 56 FARMLANDS WAY, 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 56 FARMLANDS WAY). 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 56 FARMLANDS WAY?

56 FARMLANDS WAY is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 56 on FARMLANDS WAY.