2, MANTELL CLOSE, NEWICK, LEWES, BN8 4FA - £252,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MANTELL CLOSE is a very small semi-detached house of 49m². It was last sold for £252,000 in September 2024, which was around 39% below the average September 2024 semi-detached price in the Lewes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

2 MANTELL CLOSE Sold Prices

Land registry data shows two sales for 2 MANTELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. Both of the two 2 MANTELL 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
2024 19 SEP	£252,000	£410,376	39% below HPI
2017 21 DEC	£220,000	£335,730	34% below HPI

2 MANTELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The two 2 MANTELL CLOSE sales from December 2017 and September 2024 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 December 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 MANTELL CLOSE be worth now?

2 MANTELL CLOSE might now be worth an estimated £244,195.

This is based on house price deflation of 3.1%, between September 2024 and December 2024, for semi-detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% deflationary decrease is applied to the most recent sale price for 2 MANTELL CLOSE of £252,000 on 19th September 2024. For the value to have decreased from £252,000 to £244,195 over the nine months to December 2024, the following assumptions must hold true:

• The value of 2 MANTELL CLOSE has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The September 2024 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MANTELL CLOSE has not materially changed since September 2024.

How Large is 2 MANTELL CLOSE?

2 MANTELL CLOSE is 49m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of semi-detached houses houses in Newick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newick, and where 2 MANTELL CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 MANTELL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newick.

2 MANTELL CLOSE: Plot and Title Map

2 MANTELL CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 2 MANTELL 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 2 MANTELL 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 2 MANTELL CLOSE?

2 MANTELL CLOSE is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 2 on MANTELL CLOSE.