8, CLEMENT LANE, POLEGATE, BN26 5DR - £477,500

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

8 CLEMENT LANE is a small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £477,500 in January 2024, which was around 19% below the average January 2024 detached price in the Wealden local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

8 CLEMENT LANE Sold Prices

Land registry data shows six sales for 8 CLEMENT LANE 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 8 CLEMENT 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
2024 5 JAN	£477,500	£586,102	19% below HPI
2021 12 NOV	£380,000	£559,951	32% below HPI
2015 28 AUG	£345,000	£425,883	19% below HPI
2014 16 SEP	£240,000	£400,771	40% below HPI
1998 10 AUG	£100,000	£145,370	31% below HPI
1996 6 NOV	£68,000	£113,080	40% below HPI

8 CLEMENT 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 six 8 CLEMENT LANE sales between November 1996 and January 2024 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 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 CLEMENT LANE?

8 CLEMENT LANE is 82m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 8 CLEMENT LANE lies on this distribution: 40% of detached houses are smaller than 8 CLEMENT LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Polegate.

8 CLEMENT LANE: Plot and Title Map

8 CLEMENT LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 8 CLEMENT 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 8 CLEMENT 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 8 CLEMENT LANE?

8 CLEMENT LANE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 8 on CLEMENT LANE.