Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 COTTAGE CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £218,132 in January 2024, which was around 61% below the average January 2024 detached price in the Lewes local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 COTTAGE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three 1 COTTAGE 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 |
---|---|---|---|
2024 10 JAN | £218,132 | £565,123 | 61% below HPI |
2001 30 AUG | £90,500 | £200,303 | 55% below HPI |
1997 16 MAY | £50,500 | £103,029 | 51% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 1 COTTAGE CLOSE sales between May 1997 and January 2024 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 2001 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2024 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.
1 COTTAGE CLOSE is 78m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Newhaven, based on EPC data. The below chart shows the distribution of detached houses by size in Newhaven, and where 1 COTTAGE CLOSE lies on this distribution: 14% of detached houses are smaller than 1 COTTAGE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newhaven.
1 COTTAGE CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 1 COTTAGE 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 1 COTTAGE 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.
1 COTTAGE CLOSE is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 1 on COTTAGE CLOSE.