58, THE FAIRWAY, NEWHAVEN, BN9 9XX - £238,000

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

58 THE FAIRWAY is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £238,000 in August 2014, which was around 40% below the average August 2014 detached price in the Lewes local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

58 THE FAIRWAY Sold Prices

Land registry data shows three sales for 58 THE FAIRWAY 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 58 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 13 AUG	£238,000	£395,816	40% below HPI
2006 9 NOV	£217,000	£312,938	31% below HPI
1998 23 OCT	£86,000	£126,200	32% below HPI

58 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 three 58 THE FAIRWAY sales between October 1998 and August 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 November 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 58 THE FAIRWAY?

58 THE FAIRWAY is 86m² according to the EPC inspection conducted in July 2020. 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 58 THE FAIRWAY lies on this distribution: 25% of detached houses are smaller than 58 THE FAIRWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

58 THE FAIRWAY: Plot and Title Map

58 THE FAIRWAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 58 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 58 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 58 THE FAIRWAY?

58 THE FAIRWAY is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 58 on THE FAIRWAY.