7, CORNMILL GARDENS, POLEGATE, BN26 5NJ - £298,000

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.

7 CORNMILL GARDENS is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £348,202. It was last sold for £298,000 in November 2018, which was around 42% below the average November 2018 detached price in the Wealden local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

7 CORNMILL GARDENS Sold Prices

Land registry data shows two sales for 7 CORNMILL GARDENS 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 7 CORNMILL GARDENS 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
2018 6 NOV	£298,000	£517,583	42% below HPI
1996 6 DEC	£68,000	£118,408	43% below HPI

7 CORNMILL GARDENS 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 7 CORNMILL GARDENS sales from December 1996 and November 2018 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 December 1996 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 7 CORNMILL GARDENS be worth now?

7 CORNMILL GARDENS might now be worth an estimated £348,202.

This is based on house price inflation of 16.8%, between November 2018 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 16.8% inflationary increase is applied to the most recent sale price for 7 CORNMILL GARDENS of £298,000 on 6th November 2018. For the value to have increased from £298,000 to £348,202 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 CORNMILL GARDENS has moved in line with the HPI for detached houses in the Wealden local authority area.
• The November 2018 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORNMILL GARDENS has not materially changed since November 2018.

How Large is 7 CORNMILL GARDENS?

7 CORNMILL GARDENS is 71m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wannock, and where 7 CORNMILL GARDENS lies on this distribution: 14% of detached houses houses are smaller than 7 CORNMILL GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Wannock.

7 CORNMILL GARDENS: Plot and Title Map

7 CORNMILL GARDENS sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 7 CORNMILL GARDENS, 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 7 CORNMILL GARDENS). 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 7 CORNMILL GARDENS?

7 CORNMILL GARDENS is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 7 on CORNMILL GARDENS.