18, OLD DRIVE, POLEGATE, BN26 5ET - £315,000

18 OLD DRIVE is a small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £315,000 in November 2017, which was around 35% below the average November 2017 detached price in the Wealden local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

18 OLD DRIVE Sold Prices

Land registry data shows two sales for 18 OLD DRIVE 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 18 OLD DRIVE 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
2017 17 NOV	£315,000	£487,556	35% below HPI
2011 8 FEB	£240,000	£343,394	30% below HPI

18 OLD DRIVE 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 18 OLD DRIVE sales from February 2011 and November 2017 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 February 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 OLD DRIVE?

18 OLD DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 18 OLD DRIVE lies on this distribution: 35% of detached houses are smaller than 18 OLD DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Polegate.

18 OLD DRIVE: Plot and Title Map

18 OLD DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 18 OLD DRIVE, 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 18 OLD DRIVE). 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 18 OLD DRIVE?

18 OLD DRIVE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 18 on OLD DRIVE.