8, DROCKMILL CLOSE, POLEGATE, BN26 6LX - £256,000

8 DROCKMILL CLOSE is a midsized extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £256,000 in July 2016, which was around 44% below the average July 2016 detached price in the Wealden local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

8 DROCKMILL CLOSE Sold Prices

Land registry data shows three sales for 8 DROCKMILL CLOSE 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 8 DROCKMILL 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
2016 6 JUL	£256,000	£456,038	44% below HPI
2002 15 MAY	£159,950	£222,855	28% below HPI
2000 11 JUL	£117,000	£187,109	37% below HPI

8 DROCKMILL 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 three 8 DROCKMILL CLOSE sales between July 2000 and July 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 May 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 8 DROCKMILL CLOSE?

8 DROCKMILL CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in March 2011. 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 8 DROCKMILL CLOSE lies on this distribution: 45% of detached houses are smaller than 8 DROCKMILL CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Polegate.

8 DROCKMILL CLOSE: Plot and Title Map

8 DROCKMILL CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 8 DROCKMILL 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 8 DROCKMILL 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 8 DROCKMILL CLOSE?

8 DROCKMILL CLOSE is located in POLEGATE, in the BN26 postcode district. The below map shows the position of No. 8 on DROCKMILL CLOSE.