12, FAIROAKS, POLEGATE, BN26 6NG - £320,000

12 FAIROAKS is a small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £320,000 in February 2016, which was around 29% below the average February 2016 detached price in the Wealden local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

12 FAIROAKS Sold Prices

Land registry data shows three sales for 12 FAIROAKS 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 12 FAIROAKS 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
2016 23 FEB	£320,000	£452,099	29% below HPI
2006 17 NOV	£245,000	£336,321	27% below HPI
2000 13 OCT	£159,950	£199,295	20% below HPI

12 FAIROAKS 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 12 FAIROAKS sales between October 2000 and February 2016 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 FAIROAKS?

12 FAIROAKS is 74m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 12 FAIROAKS lies on this distribution: 29% of detached houses are smaller than 12 FAIROAKS, and 70% of houses are larger. Note that EPC data is not available for all properties in Polegate.

12 FAIROAKS: Plot and Title Map

12 FAIROAKS sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 12 FAIROAKS, 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 12 FAIROAKS). 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 12 FAIROAKS?

12 FAIROAKS is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 12 on FAIROAKS.