8, VERNON AVENUE, PEACEHAVEN, BN10 8PL - £325,000

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

8 VERNON AVENUE is a very large detached house of 168m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2015, which was around 19% below the average June 2015 detached price in the Lewes local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was A.

8 VERNON AVENUE Sold Prices

Land registry data shows two sales for 8 VERNON 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 8 VERNON AVENUE 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
2015 30 JUN	£325,000	£400,718	19% below HPI
1998 5 JUN	£95,000	£123,073	23% below HPI

8 VERNON 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 8 VERNON AVENUE sales from June 1998 and June 2015 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 June 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2015 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 VERNON AVENUE?

8 VERNON AVENUE is 168m² according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Peacehaven, and where 8 VERNON AVENUE lies on this distribution: 94% of detached houses are smaller than 8 VERNON AVENUE, and 6% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

8 VERNON AVENUE: Plot and Title Map

8 VERNON AVENUE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 8 VERNON 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 8 VERNON 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 8 VERNON AVENUE?

8 VERNON AVENUE is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 8 on VERNON AVENUE.