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
39 GORHAM WAY is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £460,000 in March 2023, which was around 23% below the average March 2023 detached price in the Lewes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 39 GORHAM WAY since 1st 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 39 GORHAM WAY 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 |
---|---|---|---|
2023 8 MAR | £460,000 | £600,979 | 23% below HPI |
2007 25 MAY | £247,000 | £330,524 | 25% below HPI |
2002 29 NOV | £203,000 | £248,413 | 18% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 39 GORHAM WAY sales between November 2002 and March 2023 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
39 GORHAM WAY is 73m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Telscombe Cliffs, based on EPC data. The below chart shows the distribution of detached houses by size in Telscombe Cliffs, and where 39 GORHAM WAY lies on this distribution: 8% of detached houses are smaller than 39 GORHAM WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Telscombe Cliffs.
39 GORHAM WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 39 GORHAM WAY, 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 39 GORHAM WAY). 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.
39 GORHAM WAY is located in TELSCOMBE CLIFFS, in the BN10 postcode district. The below map shows the position of No. 39 on GORHAM WAY.