SOUTHDOWN LODGE, OLD DRIVE, POLEGATE, BN26 5HE - £325,000

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

SOUTHDOWN LODGE is a very large extended detached house of 147m², built sometime before 1900. It was last sold for £325,000 in March 2015, which was around 21% below the average March 2015 detached price in the Wealden local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

SOUTHDOWN LODGE Sold Prices

Land registry data shows three sales for SOUTHDOWN LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three SOUTHDOWN LODGE 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 27 MAR	£325,000	£413,593	21% below HPI
2010 18 NOV	£310,000	£359,053	14% below HPI
1999 14 JUL	£107,000	£154,926	31% below HPI

SOUTHDOWN LODGE 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 three SOUTHDOWN LODGE sales between July 1999 and March 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 November 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is SOUTHDOWN LODGE?

SOUTHDOWN LODGE is 147m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where SOUTHDOWN LODGE lies on this distribution: 87% of detached houses are smaller than SOUTHDOWN LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Polegate.

SOUTHDOWN LODGE: Plot and Title Map

SOUTHDOWN LODGE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of SOUTHDOWN LODGE, 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 SOUTHDOWN LODGE). 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 SOUTHDOWN LODGE?

SOUTHDOWN LODGE is located on OLD DRIVE in POLEGATE, in the BN26 postcode district. The below map shows the position of SOUTHDOWN LODGE on OLD DRIVE.