18, THE CLOSE, NEWHAVEN, BN9 0RU - £245,000

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 THE CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £245,000 in December 2013, which was around 35% below the average December 2013 detached price in the Lewes local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

18 THE CLOSE Sold Prices

Land registry data shows two sales for 18 THE CLOSE since 1^st 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 18 THE 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
2013 11 DEC	£245,000	£374,079	35% below HPI
2006 9 OCT	£225,000	£314,150	28% below HPI

18 THE 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 two 18 THE CLOSE sales from October 2006 and December 2013 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 THE CLOSE?

18 THE CLOSE is 77m² according to the EPC inspection conducted in September 2013. 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 18 THE CLOSE lies on this distribution: 13% of detached houses are smaller than 18 THE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

18 THE CLOSE: Plot and Title Map

18 THE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 18 THE 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 18 THE 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 18 THE CLOSE?

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