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
49 NEWICK DRIVE is a very small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £406,000 in February 2021, which was around 19% below the average February 2021 detached price in the Lewes local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 49 NEWICK DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four 49 NEWICK DRIVE 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 |
---|---|---|---|
2021 22 FEB | £406,000 | £503,586 | 19% below HPI |
2018 30 AUG | £375,000 | £492,993 | 24% below HPI |
2006 24 OCT | £269,950 | £314,150 | 14% below HPI |
2000 3 NOV | £149,500 | £185,208 | 19% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The four 49 NEWICK DRIVE sales between November 2000 and February 2021 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 August 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
49 NEWICK DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Newick, based on EPC data. The below chart shows the distribution of detached houses by size in Newick, and where 49 NEWICK DRIVE lies on this distribution: 18% of detached houses are smaller than 49 NEWICK DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Newick.
49 NEWICK DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 49 NEWICK DRIVE, 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 49 NEWICK DRIVE). 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.
49 NEWICK DRIVE is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 49 on NEWICK DRIVE.