HILLHEAD, PALMERSTON ROAD, NEWHAVEN, BN9 0NT - £647,300

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

HILLHEAD is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £647,300 in October 2019, which was around 32% above the average October 2019 detached price in the Lewes local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

HILLHEAD Sold Prices

Land registry data shows five sales for HILLHEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. The five HILLHEAD sales were a mix of above the average price, and roughly equal to 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 31 OCT	£647,300	£490,055	32% above HPI
2012 19 OCT	£450,000	£354,937	27% above HPI
2010 30 MAR	£409,500	£322,484	27% above HPI
2009 22 DEC	£425,000	£314,845	35% above HPI
1999 12 MAR	£135,000	£134,860	Close to HPI

HILLHEAD 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 five HILLHEAD sales between March 1999 and October 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 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is HILLHEAD?

HILLHEAD is 121m², which includes one extension, according to the EPC inspection conducted in June 2012. 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 HILLHEAD lies on this distribution: 70% of detached houses are smaller than HILLHEAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

HILLHEAD: Plot and Title Map

HILLHEAD sits on a plot of roughly 0.573 of an acre, or 2,317m². The below map shows the location of HILLHEAD, 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 HILLHEAD). 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 HILLHEAD?

HILLHEAD is located on PALMERSTON ROAD in NEWHAVEN, in the BN9 postcode district. The below map shows the position of HILLHEAD on PALMERSTON ROAD.