24, THIRD AVENUE, NEWHAVEN, BN9 9JA - £195,000

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

24 THIRD AVENUE is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £195,000 in October 2012, which was around 45% below the average October 2012 detached price in the Lewes local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

24 THIRD AVENUE Sold Prices

Land registry data shows three sales for 24 THIRD AVENUE 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 24 THIRD AVENUE 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
2012 31 OCT	£195,000	£354,937	45% below HPI
2010 16 JUL	£180,000	£351,323	49% below HPI
2008 2 MAY	£235,000	£355,549	34% below HPI

24 THIRD AVENUE 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 24 THIRD AVENUE sales between May 2008 and October 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 July 2010 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2012 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 24 THIRD AVENUE?

24 THIRD AVENUE is 78m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Newhaven, based on EPC data. The below chart shows the distribution of detached houses by size in Newhaven, and where 24 THIRD AVENUE lies on this distribution: 14% of detached houses are smaller than 24 THIRD AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

24 THIRD AVENUE: Plot and Title Map

24 THIRD AVENUE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 24 THIRD AVENUE, 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 THIRD AVENUE). 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 THIRD AVENUE?

24 THIRD AVENUE is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 24 on THIRD AVENUE.