126, THE PROMENADE, PEACEHAVEN, BN10 7JA - £580,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

126 THE PROMENADE is a very large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £580,000 in September 2023, which was about the average September 2023 detached price in the Lewes local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

126 THE PROMENADE Sold Prices

Land registry data shows three sales for 126 THE PROMENADE 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 126 THE PROMENADE sales were a mix of roughly equal to the average price, and 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
2023 20 SEP	£580,000	£582,444	Close to HPI
2014 7 NOV	£387,500	£407,625	5% below HPI
1999 20 AUG	£112,000	£138,658	19% below HPI

126 THE PROMENADE 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 126 THE PROMENADE sales between August 1999 and September 2023 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 November 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 126 THE PROMENADE?

126 THE PROMENADE is 131m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Peacehaven, and where 126 THE PROMENADE lies on this distribution: 81% of detached houses are smaller than 126 THE PROMENADE, and 19% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

126 THE PROMENADE: Plot and Title Map

126 THE PROMENADE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 126 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 126 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.

Where is 126 THE PROMENADE?

126 THE PROMENADE is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 126 on THE PROMENADE.