24, MANTELL CLOSE, NEWICK, LEWES, BN8 4FA - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 MANTELL CLOSE is a small detached house of 119m², which could now be worth an estimated £598,413. It was last sold for £550,000 in May 2021, which was around 3% above the average May 2021 detached price in the Lewes local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

24 MANTELL CLOSE Sold Prices

Land registry data shows two sales for 24 MANTELL CLOSE 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 24 MANTELL CLOSE 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
2021 17 MAY	£550,000	£536,349	3% above HPI
2019 12 JUL	£515,000	£507,469	1% above HPI

24 MANTELL 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 two 24 MANTELL CLOSE sales from July 2019 and May 2021 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 July 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 24 MANTELL CLOSE be worth now?

24 MANTELL CLOSE might now be worth an estimated £598,413.

This is based on house price inflation of 8.8%, between May 2021 and February 2025, 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 8.8% inflationary increase is applied to the most recent sale price for 24 MANTELL CLOSE of £550,000 on 17th May 2021. For the value to have increased from £550,000 to £598,413 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 24 MANTELL CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The May 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MANTELL CLOSE has not materially changed since May 2021.

How Large is 24 MANTELL CLOSE?

24 MANTELL CLOSE is 119m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% 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 24 MANTELL CLOSE lies on this distribution: 33% of detached houses houses are smaller than 24 MANTELL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newick.

24 MANTELL CLOSE: Plot and Title Map

24 MANTELL CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 24 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 24 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 24 MANTELL CLOSE?

24 MANTELL CLOSE is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 24 on MANTELL CLOSE.