1, DOWNS VIEW CLOSE, NORTH CHAILEY, LEWES, BN8 4HA - £425,000

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 DOWNS VIEW CLOSE is a small extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £425,000 in February 2019, which was around 15% below the average February 2019 detached price in the Lewes local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

1 DOWNS VIEW CLOSE Sold Prices

Land registry data shows three sales for 1 DOWNS VIEW 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 Lewes local authority area for the corresponding sale date. The three 1 DOWNS VIEW CLOSE sales were a mix of below the average price, roughly equal to the average price, and above 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
2019 12 FEB	£425,000	£497,784	15% below HPI
2003 29 AUG	£282,000	£268,073	5% above HPI
2001 10 SEP	£205,000	£205,197	Close to HPI

1 DOWNS VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 1 DOWNS VIEW CLOSE sales between September 2001 and February 2019 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 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 DOWNS VIEW CLOSE?

1 DOWNS VIEW CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in North Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in North Chailey, and where 1 DOWNS VIEW CLOSE lies on this distribution: 34% of detached houses are smaller than 1 DOWNS VIEW CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

1 DOWNS VIEW CLOSE: Plot and Title Map

1 DOWNS VIEW CLOSE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 1 DOWNS VIEW 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 DOWNS VIEW 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 1 DOWNS VIEW CLOSE?

1 DOWNS VIEW CLOSE is located in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of No. 1 on DOWNS VIEW CLOSE.