2, OTTEHAM CLOSE, POLEGATE, BN26 5AZ - £330,000

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.

2 OTTEHAM CLOSE is a very small terraced house of 51m², built sometime between 1950 and 1966, which could now be worth an estimated £322,304. It was last sold for £330,000 in July 2022, which was around 10% above the average July 2022 terraced price in the Wealden local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

2 OTTEHAM CLOSE Sold Prices

Land registry data shows two sales for 2 OTTEHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wealden local authority area for the corresponding sale date. One of the two 2 OTTEHAM CLOSE sales was for above the average price, whilst the other was 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
2022 14 JUL	£330,000	£301,360	10% above HPI
1995 31 AUG	£50,000	£52,249	4% below HPI

2 OTTEHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wealden local authority area over time, sourced from the HPI. The two 2 OTTEHAM CLOSE sales from August 1995 and July 2022 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 August 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 OTTEHAM CLOSE be worth now?

2 OTTEHAM CLOSE might now be worth an estimated £322,304.

This is based on house price deflation of 2.3%, between July 2022 and June 2025, for terraced 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 2.3% deflationary decrease is applied to the most recent sale price for 2 OTTEHAM CLOSE of £330,000 on 14th July 2022. For the value to have decreased from £330,000 to £322,304 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 2 OTTEHAM CLOSE has moved in line with the HPI for terraced houses in the Wealden local authority area.
• The July 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OTTEHAM CLOSE has not materially changed since July 2022.

How Large is 2 OTTEHAM CLOSE?

2 OTTEHAM CLOSE is 51m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Polegate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Polegate, and where 2 OTTEHAM CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 2 OTTEHAM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Polegate.

2 OTTEHAM CLOSE: Plot and Title Map

2 OTTEHAM CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 OTTEHAM 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 OTTEHAM 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 OTTEHAM CLOSE?

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