3, NORTH LODGE, NEWICK, LEWES, BN8 4LY - £1,435,000

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.

3 NORTH LODGE is a very large detached house of 410m², built sometime between 2003 and 2006, which could now be worth an estimated £1,674,265. It was last sold for £1,435,000 in July 2017, which was around 187% above the average July 2017 detached price in the Lewes local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

3 NORTH LODGE Sold Prices

Land registry data shows three sales for 3 NORTH LODGE 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 3 NORTH LODGE 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
2017 7 JUL	£1,435,000	£500,165	187% above HPI
2016 21 MAR	£1,210,000	£482,442	151% above HPI
2006 1 DEC	£950,100	£338,519	181% above HPI

3 NORTH LODGE 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 3 NORTH LODGE sales between December 2006 and July 2017 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 March 2016 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the July 2017 sale, where it rises to 187% above the HPI. The line then continues to track at 187% above the HPI.

What might 3 NORTH LODGE be worth now?

3 NORTH LODGE might now be worth an estimated £1,674,265.

This is based on house price inflation of 16.7%, between July 2017 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 16.7% inflationary increase is applied to the most recent sale price for 3 NORTH LODGE of £1,435,000 on 7th July 2017. For the value to have increased from £1,435,000 to £1,674,265 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 3 NORTH LODGE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The July 2017 sale price of £1,435,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NORTH LODGE has not materially changed since July 2017.

How Large is 3 NORTH LODGE?

3 NORTH LODGE is 410m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% 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 3 NORTH LODGE lies on this distribution: More than 99% of detached houses houses are smaller than 3 NORTH LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Newick.

3 NORTH LODGE: Plot and Title Map

3 NORTH LODGE sits on a plot of roughly 0.326 of an acre, or 1,320m². The below map shows the location of 3 NORTH LODGE, 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 3 NORTH LODGE). 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 3 NORTH LODGE?

3 NORTH LODGE is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 3 on NORTH LODGE.