48, FIRST AVENUE, NEWHAVEN, BN9 9HT - £685,000

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

48 FIRST AVENUE is a very large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £685,000 in January 2022, which was around 24% above the average January 2022 detached price in the Lewes local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

48 FIRST AVENUE Sold Prices

Land registry data shows two sales for 48 FIRST AVENUE 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. One of the two 48 FIRST AVENUE sales was for above the average price, whilst the other was 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
2022 13 JAN	£685,000	£552,711	24% above HPI
2020 4 DEC	£480,000	£506,054	5% below HPI

48 FIRST AVENUE 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 48 FIRST AVENUE sales from December 2020 and January 2022 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 December 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 48 FIRST AVENUE?

48 FIRST AVENUE is 173m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Newhaven, based on EPC data. The below chart shows the distribution of detached houses by size in Newhaven, and where 48 FIRST AVENUE lies on this distribution: 95% of detached houses are smaller than 48 FIRST AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

48 FIRST AVENUE: Plot and Title Map

48 FIRST AVENUE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 48 FIRST AVENUE, 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 48 FIRST AVENUE). 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 48 FIRST AVENUE?

48 FIRST AVENUE is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 48 on FIRST AVENUE.