DORMERS, WANNOCK ROAD, POLEGATE, BN26 5JG - £435,000

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.

DORMERS is a very large extended detached house of 156m², built sometime between 1950 and 1966, which could now be worth an estimated £511,371. It was last sold for £435,000 in July 2018, which was around 15% below the average July 2018 detached price in the Wealden local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

DORMERS Sold Prices

Land registry data shows two sales for DORMERS 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 DORMERS 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
2018 11 JUL	£435,000	£514,455	15% below HPI
2005 28 OCT	£200,000	£332,772	40% below HPI

DORMERS 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 DORMERS sales from October 2005 and July 2018 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might DORMERS be worth now?

DORMERS might now be worth an estimated £511,371.

This is based on house price inflation of 17.6%, between July 2018 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 17.6% inflationary increase is applied to the most recent sale price for DORMERS of £435,000 on 11th July 2018. For the value to have increased from £435,000 to £511,371 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of DORMERS has moved in line with the HPI for detached houses in the Wealden local authority area.
• The July 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of DORMERS has not materially changed since July 2018.

How Large is DORMERS?

DORMERS is 156m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 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 DORMERS lies on this distribution: 91% of detached houses houses are smaller than DORMERS, and 8% of houses are larger. Note that EPC data is not available for all properties in Polegate.

DORMERS: Plot and Title Map

DORMERS sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of DORMERS, 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 DORMERS). 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 DORMERS?

DORMERS is located on WANNOCK ROAD in POLEGATE, in the BN26 postcode district. The below map shows the position of DORMERS on WANNOCK ROAD.