OAKLEA, SOUTH CHAILEY, LEWES, BN8 4AB - £350,000

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

OAKLEA is a large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £350,000 in July 2014, which was around 9% below the average July 2014 detached price in the Lewes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was C.

OAKLEA Sold Prices

Land registry data shows three sales for OAKLEA 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. One of the three OAKLEA sales was for below the average price, whilst two 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
2014 17 JUL	£350,000	£385,267	9% below HPI
2002 20 SEP	£270,000	£234,674	15% above HPI
1999 15 NOV	£165,000	£153,833	7% above HPI

OAKLEA 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 OAKLEA sales between November 1999 and July 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is OAKLEA?

OAKLEA is 164m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in South Chailey, and where OAKLEA lies on this distribution: 73% of detached houses are smaller than OAKLEA, and 27% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of OAKLEA in SOUTH CHAILEY.