42, VALLEY CLOSE, NEWHAVEN, BN9 9XS - £281,500

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

42 VALLEY CLOSE is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £281,500 in August 2018, which was around 43% below the average August 2018 detached price in the Lewes local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

42 VALLEY CLOSE Sold Prices

Land registry data shows two sales for 42 VALLEY CLOSE 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 42 VALLEY CLOSE 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
2018 31 AUG	£281,500	£492,993	43% below HPI
2018 14 FEB	£230,000	£474,844	52% below HPI

42 VALLEY CLOSE 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 42 VALLEY CLOSE sales from February 2018 and August 2018 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 February 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2018 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 42 VALLEY CLOSE?

42 VALLEY CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 42 VALLEY CLOSE lies on this distribution: 19% of detached houses are smaller than 42 VALLEY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

42 VALLEY CLOSE: Plot and Title Map

42 VALLEY CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 42 VALLEY CLOSE, 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 42 VALLEY CLOSE). 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 42 VALLEY CLOSE?

42 VALLEY CLOSE is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 42 on VALLEY CLOSE.