2, OAKLANDS CLOSE, POLEGATE, BN26 6HB - £296,000

2 OAKLANDS CLOSE is a midsized detached house of 83m², built sometime between 1950 and 1966. It was last sold for £296,000 in July 2020, which was around 40% below the average July 2020 detached price in the Wealden local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 OAKLANDS CLOSE Sold Prices

Land registry data shows four sales for 2 OAKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 2 OAKLANDS 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
2020 23 JUL	£296,000	£493,125	40% below HPI
2017 16 MAR	£295,000	£469,883	37% below HPI
2015 20 MAR	£184,000	£413,593	56% below HPI
2014 28 NOV	£159,000	£401,230	60% below HPI

2 OAKLANDS 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 four 2 OAKLANDS CLOSE sales between November 2014 and July 2020 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 March 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 OAKLANDS CLOSE?

2 OAKLANDS CLOSE is 83m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses in Polegate, based on EPC data. The below chart shows the distribution of detached houses by size in Polegate, and where 2 OAKLANDS CLOSE lies on this distribution: 41% of detached houses are smaller than 2 OAKLANDS CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Polegate.

2 OAKLANDS CLOSE: Plot and Title Map

2 OAKLANDS CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 OAKLANDS 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 2 OAKLANDS 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 2 OAKLANDS CLOSE?

2 OAKLANDS CLOSE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 2 on OAKLANDS CLOSE.