2, THE PAGETS, NEWICK, LEWES, BN8 4PW - £355,000

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 THE PAGETS is a small extended detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £550,792. It was last sold for £355,000 in August 2012, which was around 6% below the average August 2012 detached price in the Lewes local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

2 THE PAGETS Sold Prices

Land registry data shows two sales for 2 THE PAGETS 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 2 THE PAGETS sales was for below the average price, whilst the other was 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
2012 10 AUG	£355,000	£378,016	6% below HPI
1996 31 MAY	£110,500	£102,020	8% above HPI

2 THE PAGETS 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 THE PAGETS sales from May 1996 and August 2012 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 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 THE PAGETS be worth now?

2 THE PAGETS might now be worth an estimated £550,792.

This is based on house price inflation of 55.2%, between August 2012 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 55.2% inflationary increase is applied to the most recent sale price for 2 THE PAGETS of £355,000 on 10th August 2012. For the value to have increased from £355,000 to £550,792 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 THE PAGETS has moved in line with the HPI for detached houses in the Lewes local authority area.
• The August 2012 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PAGETS has not materially changed since August 2012.

How Large is 2 THE PAGETS?

2 THE PAGETS is 106m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 THE PAGETS lies on this distribution: 23% of detached houses houses are smaller than 2 THE PAGETS, and 76% of houses are larger. Note that EPC data is not available for all properties in Newick.

2 THE PAGETS: Plot and Title Map

2 THE PAGETS sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 THE PAGETS, 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 THE PAGETS). 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 THE PAGETS?

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