2, NEWICK CLOSE, SEAFORD, BN25 4DZ - £505,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 NEWICK CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £505,000 in July 2022, which was around 12% below the average July 2022 detached price in the Lewes local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 NEWICK CLOSE Sold Prices

Land registry data shows four sales for 2 NEWICK CLOSE 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 2 NEWICK 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
2022 28 JUL	£505,000	£575,342	12% below HPI
2013 12 AUG	£276,000	£369,625	25% below HPI
2010 22 JAN	£250,000	£314,683	21% below HPI
2007 14 MAY	£250,000	£330,524	24% below HPI

2 NEWICK 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 four 2 NEWICK CLOSE sales between May 2007 and July 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 August 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 NEWICK CLOSE?

2 NEWICK CLOSE is 80m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 2 NEWICK CLOSE lies on this distribution: 14% of detached houses are smaller than 2 NEWICK CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Seaford.

2 NEWICK CLOSE: Plot and Title Map

2 NEWICK CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 2 NEWICK 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 NEWICK 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 NEWICK CLOSE?

2 NEWICK CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 2 on NEWICK CLOSE.