18, SECOND AVENUE, NEWHAVEN, BN9 9HP - £349,950

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

18 SECOND AVENUE is a very large extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £349,950 in August 2017, which was around 26% below the average August 2017 detached price in the Lewes local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

18 SECOND AVENUE Sold Prices

Land registry data shows three sales for 18 SECOND AVENUE 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. All of the three 18 SECOND AVENUE 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
2017 25 AUG	£349,950	£475,536	26% below HPI
2000 30 NOV	£97,500	£185,208	47% below HPI
1998 12 JUN	£68,000	£123,073	45% below HPI

18 SECOND AVENUE 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 18 SECOND AVENUE sales between June 1998 and August 2017 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 2000 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 18 SECOND AVENUE?

18 SECOND AVENUE is 136m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 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 18 SECOND AVENUE lies on this distribution: 81% of detached houses are smaller than 18 SECOND AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

18 SECOND AVENUE: Plot and Title Map

18 SECOND AVENUE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 18 SECOND AVENUE, 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 18 SECOND AVENUE). 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 18 SECOND AVENUE?

18 SECOND AVENUE is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 18 on SECOND AVENUE.