MELBURY, WANNOCK ROAD, POLEGATE, BN26 5PE - £280,000

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.

MELBURY is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £404,278. It was last sold for £280,000 in May 2015, which was around 33% below the average May 2015 detached price in the Wealden local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

MELBURY Sold Prices

Land registry data shows two sales for MELBURY 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 MELBURY 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
2015 12 MAY	£280,000	£418,604	33% below HPI
2006 14 SEP	£225,000	£340,994	34% below HPI

MELBURY 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 MELBURY sales from September 2006 and May 2015 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 September 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2015 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might MELBURY be worth now?

MELBURY might now be worth an estimated £404,278.

This is based on house price inflation of 44.4%, between May 2015 and June 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 44.4% inflationary increase is applied to the most recent sale price for MELBURY of £280,000 on 12th May 2015. For the value to have increased from £280,000 to £404,278 over the nine years and eleven months to June 2025, the following assumptions must hold true:

• The value of MELBURY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The May 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of MELBURY has not materially changed since May 2015.

How Large is MELBURY?

MELBURY is 71m² according to the EPC inspection conducted in January 2015. 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 MELBURY lies on this distribution: 14% of detached houses houses are smaller than MELBURY, and 82% of houses are larger. Note that EPC data is not available for all properties in Wannock.

MELBURY: Plot and Title Map

MELBURY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of MELBURY, 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 MELBURY). 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 MELBURY?

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