Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
123 THE PROMENADE is a small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £280,000 in April 2012, which was around 19% below the average April 2012 detached price in the Lewes local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 123 THE PROMENADE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Both of the two 123 THE PROMENADE 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 |
---|---|---|---|
2012 30 APR | £280,000 | £346,493 | 19% below HPI |
2009 11 MAR | £216,000 | £291,913 | 26% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The two 123 THE PROMENADE sales from March 2009 and April 2012 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 March 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2012 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
123 THE PROMENADE is 80m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% of detached houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Peacehaven, and where 123 THE PROMENADE lies on this distribution: 24% of detached houses are smaller than 123 THE PROMENADE, and 76% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.
123 THE PROMENADE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 123 THE PROMENADE, 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 123 THE PROMENADE). 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.
123 THE PROMENADE is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 123 on THE PROMENADE.