56, THE FAIRWAY, NEWHAVEN, BN9 9XX - £247,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 THE FAIRWAY is a small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £247,500 in October 2014, which was around 39% below the average October 2014 detached price in the Lewes local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

56 THE FAIRWAY Sold Prices

Land registry data shows five sales for 56 THE FAIRWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the five 56 THE FAIRWAY 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
2014 3 OCT	£247,500	£408,746	39% below HPI
2014 16 APR	£225,000	£376,531	40% below HPI
2007 25 JUN	£228,000	£335,857	32% below HPI
2002 11 OCT	£172,000	£238,625	28% below HPI
1999 26 JUL	£90,000	£137,157	34% below HPI

56 THE FAIRWAY 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 five 56 THE FAIRWAY sales between July 1999 and October 2014 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 April 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2014 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 56 THE FAIRWAY?

56 THE FAIRWAY is 87m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Newhaven, based on EPC data. The below chart shows the distribution of detached houses by size in Newhaven, and where 56 THE FAIRWAY lies on this distribution: 27% of detached houses are smaller than 56 THE FAIRWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

56 THE FAIRWAY: Plot and Title Map

56 THE FAIRWAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 56 THE FAIRWAY, 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 56 THE FAIRWAY). 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 56 THE FAIRWAY?

56 THE FAIRWAY is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 56 on THE FAIRWAY.