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
40 COMMON LANE is a small extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £443,000 in July 2004, which was around 58% above the average July 2004 detached price in the Lewes local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 40 COMMON LANE since 1st 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 40 COMMON LANE 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 |
---|---|---|---|
2004 22 JUL | £443,000 | £280,493 | 58% above HPI |
1997 3 JUL | £166,000 | £107,325 | 55% above HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The two 40 COMMON LANE sales from July 1997 and July 2004 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 1997 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2004 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.
40 COMMON LANE is 131m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Ditchling, based on EPC data. The below chart shows the distribution of detached houses by size in Ditchling, and where 40 COMMON LANE lies on this distribution: 24% of detached houses are smaller than 40 COMMON LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ditchling.
40 COMMON LANE sits on a plot of roughly 0.234 of an acre, or 945m². The below map shows the location of 40 COMMON LANE, 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 40 COMMON LANE). 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.
40 COMMON LANE is located in DITCHLING, in the BN6 postcode district. The below map shows the position of No. 40 on COMMON LANE.