5, LANCING WAY, POLEGATE, BN26 5PL - £240,000

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.

5 LANCING WAY is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £390,990. It was last sold for £240,000 in November 2011, which was around 34% below the average November 2011 detached price in the Wealden local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

5 LANCING WAY Sold Prices

Land registry data shows one sale for 5 LANCING WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wealden local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 8 NOV	£240,000	£361,756	34% below HPI

What might 5 LANCING WAY be worth now?

5 LANCING WAY might now be worth an estimated £390,990.

This is based on house price inflation of 62.9%, between November 2011 and May 2026, for detached 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 62.9% inflationary increase is applied to the most recent sale price for 5 LANCING WAY of £240,000 on 8th November 2011. For the value to have increased from £240,000 to £390,990 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 5 LANCING WAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The November 2011 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LANCING WAY has not materially changed since November 2011.

How Large is 5 LANCING WAY?

5 LANCING WAY is 72m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Wannock, based on EPC data. The below chart shows the distribution of detached houses by size in Wannock, and where 5 LANCING WAY lies on this distribution: 16% of detached houses are smaller than 5 LANCING WAY, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Wannock.

5 LANCING WAY: Plot

5 LANCING WAY sits on a plot of roughly 0.111 of an acre, or 450m².

Where is 5 LANCING WAY?

5 LANCING WAY is located in POLEGATE, in the BN26 postcode district.