FESTIVAL PADDOCK, KILNWOOD LANE, SOUTH CHAILEY, LEWES, BN8 4AU - £660,000

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

FESTIVAL PADDOCK is a very large detached house of 286m², built sometime between 1967 and 1975. It was last sold for £660,000 in June 2020, which was around 38% above the average June 2020 detached price in the Lewes local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was D.

FESTIVAL PADDOCK Sold Prices

Land registry data shows three sales for FESTIVAL PADDOCK 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. Two of the three FESTIVAL PADDOCK sales were for above the average price, whilst one was 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
2020 30 JUN	£660,000	£479,048	38% above HPI
2016 19 APR	£427,500	£454,743	6% below HPI
2001 6 JUL	£249,950	£199,297	25% above HPI

FESTIVAL PADDOCK 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 FESTIVAL PADDOCK sales between July 2001 and June 2020 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 April 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is FESTIVAL PADDOCK?

FESTIVAL PADDOCK is 286m² according to the EPC inspection conducted in August 2019. This puts it in the largest 10% 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 FESTIVAL PADDOCK lies on this distribution: More than 99% of detached houses are smaller than FESTIVAL PADDOCK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

FESTIVAL PADDOCK: Plot and Title Map

FESTIVAL PADDOCK sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of FESTIVAL PADDOCK, 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 FESTIVAL PADDOCK). 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 FESTIVAL PADDOCK?

FESTIVAL PADDOCK is located on KILNWOOD LANE in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of FESTIVAL PADDOCK on KILNWOOD LANE.