HONEYSUCKLE COTTAGE, STATION ROAD, NEWICK, LEWES, BN8 4PJ - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HONEYSUCKLE COTTAGE is a small semi-detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £413,955. It was last sold for £425,000 in August 2022, which was around 5% above the average August 2022 semi-detached price in the Lewes local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was A.

HONEYSUCKLE COTTAGE Sold Prices

Land registry data shows two sales for HONEYSUCKLE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. One of the two HONEYSUCKLE COTTAGE sales was for above the average price, whilst the other 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
2022 19 AUG	£425,000	£405,229	5% above HPI
2021 23 NOV	£300,000	£371,209	19% below HPI

HONEYSUCKLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The two HONEYSUCKLE COTTAGE sales from November 2021 and August 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 November 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might HONEYSUCKLE COTTAGE be worth now?

HONEYSUCKLE COTTAGE might now be worth an estimated £413,955.

This is based on house price deflation of 2.6%, between August 2022 and February 2025, for semi-detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for HONEYSUCKLE COTTAGE of £425,000 on 19th August 2022. For the value to have decreased from £425,000 to £413,955 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of HONEYSUCKLE COTTAGE has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of HONEYSUCKLE COTTAGE has not materially changed since August 2022.

How Large is HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is 107m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of semi-detached houses houses in Newick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newick, and where HONEYSUCKLE COTTAGE lies on this distribution: 24% of semi-detached houses houses are smaller than HONEYSUCKLE COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newick.

HONEYSUCKLE COTTAGE: Plot and Title Map

HONEYSUCKLE COTTAGE sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of HONEYSUCKLE COTTAGE, 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 HONEYSUCKLE COTTAGE). 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 HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is located on STATION ROAD in NEWICK, in the BN8 postcode district. The below map shows the position of HONEYSUCKLE COTTAGE on STATION ROAD.