7, THE MARTLETS, SOUTH CHAILEY, LEWES, BN8 4QG - £320,000

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 MARTLETS is a small extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £320,000 in October 2013, which was around 13% below the average October 2013 detached price in the Lewes local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

7 THE MARTLETS Sold Prices

Land registry data shows two sales for 7 THE MARTLETS 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 MARTLETS 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
2013 30 OCT	£320,000	£369,797	13% below HPI
1997 16 JUL	£87,950	£107,325	18% below HPI

7 THE MARTLETS 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 MARTLETS sales from July 1997 and October 2013 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 July 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 THE MARTLETS?

7 THE MARTLETS is 110m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in South Chailey, and where 7 THE MARTLETS lies on this distribution: 35% of detached houses are smaller than 7 THE MARTLETS, and 65% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

7 THE MARTLETS: Plot and Title Map

7 THE MARTLETS sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 7 THE MARTLETS, 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 MARTLETS). 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 MARTLETS?

7 THE MARTLETS is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of No. 7 on THE MARTLETS.