55, WESTERN ROAD, NEWICK, LEWES, BN8 4NX - £1,375,000

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

55 WESTERN ROAD is a large extended detached house of 157m², built sometime between 2003 and 2006. It was last sold for £1,375,000 in August 2023, which was around 134% above the average August 2023 detached price in the Lewes local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

55 WESTERN ROAD Sold Prices

Land registry data shows three sales for 55 WESTERN ROAD since 1^st 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 55 WESTERN ROAD 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
2023 8 AUG	£1,375,000	£587,028	134% above HPI
2015 23 JAN	£965,000	£401,678	140% above HPI
2006 8 MAY	£660,000	£305,098	116% above HPI

55 WESTERN ROAD 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 three 55 WESTERN ROAD sales between May 2006 and August 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 January 2015 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the August 2023 sale, where it falls to 134% above the HPI. The line then continues to track at 134% above the HPI.

How Large is 55 WESTERN ROAD?

55 WESTERN ROAD is 157m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Newick, based on EPC data. The below chart shows the distribution of detached houses by size in Newick, and where 55 WESTERN ROAD lies on this distribution: 60% of detached houses are smaller than 55 WESTERN ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Newick.

55 WESTERN ROAD: Plot and Title Map

55 WESTERN ROAD sits on a plot of roughly 0.238 of an acre, or 961m². The below map shows the location of 55 WESTERN ROAD, 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 55 WESTERN ROAD). 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 55 WESTERN ROAD?

55 WESTERN ROAD is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 55 on WESTERN ROAD.