8, CORNMILL GARDENS, POLEGATE, BN26 5NJ - £299,950

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.

8 CORNMILL GARDENS is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £374,251. It was last sold for £299,950 in December 2016, which was around 38% below the average December 2016 detached price in the Wealden local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 CORNMILL GARDENS Sold Prices

Land registry data shows two sales for 8 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 8 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
2016 16 DEC	£299,950	£484,708	38% below HPI
2013 31 MAY	£194,000	£379,313	49% below HPI

8 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 8 CORNMILL GARDENS sales from May 2013 and December 2016 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 2013 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 8 CORNMILL GARDENS be worth now?

8 CORNMILL GARDENS might now be worth an estimated £374,251.

This is based on house price inflation of 24.8%, between December 2016 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 24.8% inflationary increase is applied to the most recent sale price for 8 CORNMILL GARDENS of £299,950 on 16th December 2016. For the value to have increased from £299,950 to £374,251 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 CORNMILL GARDENS has moved in line with the HPI for detached houses in the Wealden local authority area.
• The December 2016 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 8 CORNMILL GARDENS has not materially changed since December 2016.

How Large is 8 CORNMILL GARDENS?

8 CORNMILL GARDENS is 71m² according to the EPC inspection conducted in June 2012. 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 8 CORNMILL GARDENS lies on this distribution: 14% of detached houses houses are smaller than 8 CORNMILL GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Wannock.

8 CORNMILL GARDENS: Plot and Title Map

8 CORNMILL GARDENS sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 8 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 8 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 8 CORNMILL GARDENS?

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