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
9 THIRD AVENUE is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £412,000 in September 2019, which was around 15% below the average September 2019 detached price in the Lewes local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 9 THIRD AVENUE since 1st 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 9 THIRD 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 |
---|---|---|---|
2019 27 SEP | £412,000 | £483,091 | 15% below HPI |
2000 23 OCT | £151,000 | £184,255 | 18% below HPI |
1998 15 DEC | £15,000 | £127,766 | 88% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 9 THIRD AVENUE sales between December 1998 and September 2019 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 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
9 THIRD AVENUE is 123m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 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 9 THIRD AVENUE lies on this distribution: 73% of detached houses are smaller than 9 THIRD AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Newhaven.
9 THIRD AVENUE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 9 THIRD 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 9 THIRD 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.
9 THIRD AVENUE is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 9 on THIRD AVENUE.