18, THE PROMENADE, PEACEHAVEN, BN10 8PU - £450,000

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 PROMENADE is a midsized detached house of 100m², built sometime between 1967 and 1975. It was last sold for £450,000 in September 2019, which was around 7% below the average September 2019 detached price in the Lewes local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

18 THE PROMENADE Sold Prices

Land registry data shows four sales for 18 THE PROMENADE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four 18 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
2019 4 SEP	£450,000	£483,091	7% below HPI
2004 9 SEP	£240,000	£288,449	17% below HPI
1997 22 MAY	£89,000	£103,029	14% below HPI
1997 31 JAN	£89,000	£100,996	12% below HPI

18 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 four 18 THE PROMENADE sales between January 1997 and September 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 September 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 THE PROMENADE?

18 THE PROMENADE is 100m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Peacehaven, and where 18 THE PROMENADE lies on this distribution: 56% of detached houses are smaller than 18 THE PROMENADE, and 43% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

18 THE PROMENADE: Plot and Title Map

18 THE PROMENADE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 18 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 18 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 18 THE PROMENADE?

18 THE PROMENADE is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 18 on THE PROMENADE.