7, CROFT CLOSE, POLEGATE, BN26 5LE - £295,000

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 CROFT CLOSE is a very small detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £325,234. It was last sold for £295,000 in July 2021, which was around 46% below the average July 2021 detached price in the Wealden local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

7 CROFT CLOSE Sold Prices

Land registry data shows four sales for 7 CROFT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 7 CROFT 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
2021 1 JUL	£295,000	£548,556	46% below HPI
2005 8 APR	£189,950	£322,200	41% below HPI
1997 19 MAY	£60,000	£124,754	52% below HPI
1995 9 JUN	£50,000	£115,900	57% below HPI

7 CROFT 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 four 7 CROFT CLOSE sales between June 1995 and July 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 April 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 7 CROFT CLOSE be worth now?

7 CROFT CLOSE might now be worth an estimated £325,234.

This is based on house price inflation of 10.2%, between July 2021 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 10.2% inflationary increase is applied to the most recent sale price for 7 CROFT CLOSE of £295,000 on 1st July 2021. For the value to have increased from £295,000 to £325,234 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 7 CROFT CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The July 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CROFT CLOSE has not materially changed since July 2021.

How Large is 7 CROFT CLOSE?

7 CROFT CLOSE is 59m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polegate, and where 7 CROFT CLOSE lies on this distribution: 8% of detached houses houses are smaller than 7 CROFT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Polegate.

7 CROFT CLOSE: Plot and Title Map

7 CROFT CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 7 CROFT 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 7 CROFT 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 7 CROFT CLOSE?

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