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

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 OTTEHAM CLOSE is a midsized extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £245,000 in June 2014, which was around 35% 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	£375,756	35% below HPI
2009 30 OCT	£235,000	£340,108	31% below HPI
2005 14 MAR	£218,000	£313,306	30% below HPI
2003 12 NOV	£191,000	£289,665	34% below HPI
2000 12 MAY	£88,000	£180,116	51% below HPI
1996 19 AUG	£68,000	£111,875	39% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 8 OTTEHAM CLOSE lies on this distribution: 42% of detached 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.