HALF ACRE, COLDHARBOUR LANE, NORTH CHAILEY, LEWES, BN8 4HJ - £785,000

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

HALF ACRE is a midsized extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £785,000 in June 2022, which was around 37% above the average June 2022 detached price in the Lewes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

HALF ACRE Sold Prices

Land registry data shows three sales for HALF ACRE 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. All of the three HALF ACRE 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
2022 24 JUN	£785,000	£574,027	37% above HPI
2010 27 MAY	£499,500	£338,804	47% above HPI
1999 24 SEP	£165,000	£145,548	13% above HPI

HALF ACRE 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 HALF ACRE sales between September 1999 and June 2022 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 May 2010 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is HALF ACRE?

HALF ACRE is 137m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% of detached houses in North Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in North Chailey, and where HALF ACRE lies on this distribution: 44% of detached houses are smaller than HALF ACRE, and 56% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

HALF ACRE: Plot and Title Map

HALF ACRE sits on a plot of roughly 0.351 of an acre, or 1,419m². The below map shows the location of HALF ACRE, 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 HALF ACRE). 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 HALF ACRE?

HALF ACRE is located on COLDHARBOUR LANE in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of HALF ACRE on COLDHARBOUR LANE.