8, OTTEHAM CLOSE, POLEGATE, BN26 5AZ - £245,000

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.

8 OTTEHAM CLOSE is a midsized extended detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £380,604. It was last sold for £245,000 in June 2014, which was around 37% below the average June 2014 detached price in the Wealden local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

8 OTTEHAM CLOSE Sold Prices

Land registry data shows six sales for 8 OTTEHAM CLOSE 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 OTTEHAM 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
2014 2 JUN	£245,000	£389,303	37% below HPI
2009 30 OCT	£235,000	£352,370	33% below HPI
2005 14 MAR	£218,000	£324,602	33% below HPI
2003 12 NOV	£191,000	£300,108	36% below HPI
2000 12 MAY	£88,000	£186,610	53% below HPI
1996 19 AUG	£68,000	£115,908	41% below HPI

8 OTTEHAM 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 six 8 OTTEHAM CLOSE sales between August 1996 and June 2014 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 October 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 OTTEHAM CLOSE be worth now?

8 OTTEHAM CLOSE might now be worth an estimated £380,604.

This is based on house price inflation of 55.3%, between June 2014 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 55.3% inflationary increase is applied to the most recent sale price for 8 OTTEHAM CLOSE of £245,000 on 2nd June 2014. For the value to have increased from £245,000 to £380,604 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 8 OTTEHAM CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The June 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OTTEHAM CLOSE has not materially changed since June 2014.

How Large is 8 OTTEHAM CLOSE?

8 OTTEHAM CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% 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 8 OTTEHAM CLOSE lies on this distribution: 42% of detached houses houses are smaller than 8 OTTEHAM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Polegate.

8 OTTEHAM CLOSE: Plot and Title Map

8 OTTEHAM CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 8 OTTEHAM 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 8 OTTEHAM 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 8 OTTEHAM CLOSE?

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