2, ORCHARD MEWS, NEWHAVEN, BN9 0RB - £250,000

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 ORCHARD MEWS is a large detached house of 123m², built sometime between 1976 and 1982. It was last sold for £250,000 in February 2013, which was around 31% below the average February 2013 detached price in the Lewes local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

2 ORCHARD MEWS Sold Prices

Land registry data shows three sales for 2 ORCHARD MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three 2 ORCHARD MEWS 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
2013 14 FEB	£250,000	£364,854	31% below HPI
2004 23 JAN	£199,000	£269,812	26% below HPI
2002 5 SEP	£79,750	£234,674	66% below HPI

2 ORCHARD MEWS 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 three 2 ORCHARD MEWS sales between September 2002 and February 2013 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 January 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 ORCHARD MEWS?

2 ORCHARD MEWS is 123m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Newhaven, based on EPC data. The below chart shows the distribution of detached houses by size in Newhaven, and where 2 ORCHARD MEWS lies on this distribution: 72% of detached houses are smaller than 2 ORCHARD MEWS, and 28% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

2 ORCHARD MEWS: Plot and Title Map

2 ORCHARD MEWS sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 ORCHARD MEWS, 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 ORCHARD MEWS). 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 ORCHARD MEWS?

2 ORCHARD MEWS is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 2 on ORCHARD MEWS.