1, HONEYWAY CLOSE, POLEGATE, BN26 5NY - £412,500

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.

1 HONEYWAY CLOSE is a midsized extended detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £456,839. It was last sold for £412,500 in March 2021, which was around 23% below the average March 2021 detached price in the Wealden local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

1 HONEYWAY CLOSE Sold Prices

Land registry data shows two sales for 1 HONEYWAY CLOSE 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 1 HONEYWAY 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
2021 4 MAR	£412,500	£539,104	23% below HPI
1996 4 APR	£88,000	£107,579	18% below HPI

1 HONEYWAY 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 two 1 HONEYWAY CLOSE sales from April 1996 and March 2021 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 April 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 HONEYWAY CLOSE be worth now?

1 HONEYWAY CLOSE might now be worth an estimated £456,839.

This is based on house price inflation of 10.7%, between March 2021 and March 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 10.7% inflationary increase is applied to the most recent sale price for 1 HONEYWAY CLOSE of £412,500 on 4th March 2021. For the value to have increased from £412,500 to £456,839 over the four years to March 2025, the following assumptions must hold true:

• The value of 1 HONEYWAY CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The March 2021 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HONEYWAY CLOSE has not materially changed since March 2021.

How Large is 1 HONEYWAY CLOSE?

1 HONEYWAY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 1 HONEYWAY CLOSE lies on this distribution: 55% of detached houses houses are smaller than 1 HONEYWAY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wannock.

1 HONEYWAY CLOSE: Plot and Title Map

1 HONEYWAY CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 1 HONEYWAY 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 1 HONEYWAY 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 1 HONEYWAY CLOSE?

1 HONEYWAY CLOSE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 1 on HONEYWAY CLOSE.