2, OLDAKER ROAD, NEWICK, LEWES, BN8 4LW - £325,000

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 OLDAKER ROAD is a midsized detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £623,043. It was last sold for £325,000 in September 2004, which was around 6% above the average September 2004 detached price in the Lewes local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

2 OLDAKER ROAD Sold Prices

Land registry data shows two sales for 2 OLDAKER ROAD 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 2 OLDAKER ROAD sales were for above 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
2004 7 SEP	£325,000	£305,939	6% above HPI
1995 13 JUN	£125,000	£104,469	20% above HPI

2 OLDAKER ROAD 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 2 OLDAKER ROAD sales from June 1995 and September 2004 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 June 1995 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2004 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 OLDAKER ROAD be worth now?

2 OLDAKER ROAD might now be worth an estimated £623,043.

This is based on house price inflation of 91.7%, between September 2004 and December 2024, for 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 91.7% inflationary increase is applied to the most recent sale price for 2 OLDAKER ROAD of £325,000 on 7th September 2004. For the value to have increased from £325,000 to £623,043 over the nineteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 OLDAKER ROAD has moved in line with the HPI for detached houses in the Lewes local authority area.
• The September 2004 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLDAKER ROAD has not materially changed since September 2004.

How Large is 2 OLDAKER ROAD?

2 OLDAKER ROAD is 151m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses houses in Newick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newick, and where 2 OLDAKER ROAD lies on this distribution: 56% of detached houses houses are smaller than 2 OLDAKER ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Newick.

2 OLDAKER ROAD: Plot and Title Map

2 OLDAKER ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 OLDAKER ROAD, 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 OLDAKER ROAD). 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 OLDAKER ROAD?

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