38, THE FAIRWAY, NEWHAVEN, BN9 9XX - £337,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 THE FAIRWAY is a large extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £337,000 in November 2019, which was around 32% below the average November 2019 detached price in the Lewes local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

38 THE FAIRWAY Sold Prices

Land registry data shows two sales for 38 THE FAIRWAY 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 38 THE FAIRWAY 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
2019 25 NOV	£337,000	£492,446	32% below HPI
2000 28 JUL	£133,000	£173,870	24% below HPI

38 THE FAIRWAY 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 38 THE FAIRWAY sales from July 2000 and November 2019 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 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 THE FAIRWAY?

38 THE FAIRWAY is 123m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 38 THE FAIRWAY lies on this distribution: 72% of detached houses are smaller than 38 THE FAIRWAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

38 THE FAIRWAY: Plot and Title Map

38 THE FAIRWAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 38 THE FAIRWAY, 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 38 THE FAIRWAY). 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 38 THE FAIRWAY?

38 THE FAIRWAY is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 38 on THE FAIRWAY.