2, Gainsborough Lane
2, Gainsborough Lane
Description & Estimates
Public records show 2, Gainsborough Lane, Polegate to be an early-century freehold house with 818 ft2 of internal area, sitting on a 617 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Gainsborough Lane, Polegate has an estimated sale value of £469,758 and an estimated rental value of £1,814 per month, assuming reasonable condition and based on the information available.
Gainsborough Lane, Polegate, BN26 lies in the borough of Wealden, within the BN26 postal district.
Our Data Sources
2, Gainsborough Lane, Polegate has a single entry in the Land Registry from February 2014 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, Gainsborough Lane, Polegate would be worth £493,245, with a potential rental value of £1,904 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £436,875, with a rental value of £1,687 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Gainsborough Lane, Polegate has moved down by £15,659 (3.3%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (2.2%). The property's estimated gross yield is currently 4.6%.
Plot Size
2, Gainsborough Lane, Polegate occupies a 617 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, Gainsborough Lane, Polegate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Gainsborough Lane, Polegate last changed hands on 26th February 2014, selling for £202,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 72.4% since February 2014.
- Sold Feb 2014£202,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 930 metres of 2, Gainsborough Lane, Polegate across the last 2 years.
Most recently, 9, Lancing Way, Polegate, BN26 5PL, a freehold house, sold at £410,000 on the 24th November 2021.
Read more about house prices in BN26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Gainsborough Lane, Polegate as the 11th largest and the 8th most expensive of the 21 addresses on Gainsborough Lane, Polegate, BN26.
Against the BN26 postcode district average, it is £100k more expensive than the typical property.
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Schools Nearby
- 1.1kmPolegate Primary School
- 1.5kmWillingdon Primary School
- 3.0kmOakwood Primary Academy
- 1.1kmWillingdon Community School
- 3.3kmThe Eastbourne Academy
- 3.8kmRatton School
More reading links
Public Transport Nearby
Polegate station is the nearest stop to 2, Gainsborough Lane, Polegate at 800 metres away.
- 800mPolegate
- 4.2kmHampden Park (Sussex)
- 5.2kmBerwick (Sussex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
