HILLSIDE, STATION ROAD, NORTH CHAILEY, LEWES, BN8 4HD - £354,000

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

HILLSIDE is a very small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £354,000 in May 2014, which was around 5% below the average May 2014 detached price in the Lewes local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

HILLSIDE Sold Prices

Land registry data shows two sales for HILLSIDE 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. One of the two HILLSIDE sales was for below the average price, whilst the other was 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
2014 19 MAY	£354,000	£373,052	5% below HPI
2004 7 SEP	£300,000	£288,449	4% above HPI

HILLSIDE 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 HILLSIDE sales from September 2004 and May 2014 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 September 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is HILLSIDE?

HILLSIDE is 94m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% 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 HILLSIDE lies on this distribution: 18% of detached houses are smaller than HILLSIDE, and 82% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

HILLSIDE: Plot and Title Map

HILLSIDE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of HILLSIDE, 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 HILLSIDE). 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 HILLSIDE?

HILLSIDE is located on STATION ROAD in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of HILLSIDE on STATION ROAD.