LEA HEAD, THE HIGHWAY, NEWHAVEN, BN9 9UD - £375,000

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

LEA HEAD is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £375,000 in March 2021, which was around 25% below the average March 2021 detached price in the Lewes local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

LEA HEAD Sold Prices

Land registry data shows three sales for LEA HEAD 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 LEA HEAD sales were 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
2021 8 MAR	£375,000	£502,537	25% below HPI
2006 3 NOV	£310,000	£312,938	1% below HPI
2001 9 NOV	£197,000	£206,847	5% below HPI

LEA HEAD 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 LEA HEAD sales between November 2001 and March 2021 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 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is LEA HEAD?

LEA HEAD is 125m², which includes one extension, according to the EPC inspection conducted in September 2013. 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 LEA HEAD lies on this distribution: 74% of detached houses are smaller than LEA HEAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

LEA HEAD: Plot and Title Map

LEA HEAD sits on a plot of roughly 0.230 of an acre, or 931m². The below map shows the location of LEA HEAD, 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 LEA HEAD). 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 LEA HEAD?

LEA HEAD is located on THE HIGHWAY in NEWHAVEN, in the BN9 postcode district. The below map shows the position of LEA HEAD on THE HIGHWAY.