7, THE AVENUE, LEWES, BN7 1QS - £1,765,000

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

7 THE AVENUE is a very large extended detached house of 237m², built sometime between 1900 and 1929. It was last sold for £1,765,000 in May 2023, which was around 194% above the average May 2023 detached price in the Lewes local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

7 THE AVENUE Sold Prices

Land registry data shows two sales for 7 THE 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. Both of the two 7 THE AVENUE 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 4 MAY	£1,765,000	£599,504	194% above HPI
2014 3 OCT	£1,000,000	£408,746	145% above HPI

7 THE 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 7 THE AVENUE sales from October 2014 and May 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 October 2014 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the May 2023 sale, where it rises to 194% above the HPI. The line then continues to track at 194% above the HPI.

How Large is 7 THE AVENUE?

7 THE AVENUE is 237m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Lewes, based on EPC data. The below chart shows the distribution of detached houses by size in Lewes, and where 7 THE AVENUE lies on this distribution: 89% of detached houses are smaller than 7 THE AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Lewes.

7 THE AVENUE: Plot and Title Map

7 THE AVENUE sits on a plot of roughly 0.233 of an acre, or 944m². The below map shows the location of 7 THE 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 7 THE 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 7 THE AVENUE?

7 THE AVENUE is located in LEWES, in the BN7 postcode district. The below map shows the position of No. 7 on THE AVENUE.