18, VERNON AVENUE, PEACEHAVEN, BN10 8PL - £704,000

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

18 VERNON AVENUE is a very large extended detached house of 254m², built sometime between 1930 and 1949. It was last sold for £704,000 in February 2022, which was around 23% above the average February 2022 detached price in the Lewes local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

18 VERNON AVENUE Sold Prices

Land registry data shows two sales for 18 VERNON AVENUE 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. One of the two 18 VERNON AVENUE sales was for above the average price, whilst the other was 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
2022 10 FEB	£704,000	£570,386	23% above HPI
2014 16 MAY	£350,000	£373,052	6% below HPI

18 VERNON 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 two 18 VERNON AVENUE sales from May 2014 and February 2022 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 May 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 18 VERNON AVENUE?

18 VERNON AVENUE is 254m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% 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 VERNON AVENUE lies on this distribution: 99% of detached houses are smaller than 18 VERNON AVENUE, and 1% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

18 VERNON AVENUE: Plot and Title Map

18 VERNON AVENUE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 18 VERNON 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 VERNON 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 VERNON AVENUE?

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