ORCHARD WOOD, HAZELDENE LANE, NORTH CHAILEY, LEWES, BN8 4HH - £380,000

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

ORCHARD WOOD is a small detached house of 121m², built sometime between 1976 and 1982. It was last sold for £380,000 in March 2006, which was around 29% above the average March 2006 detached price in the Lewes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

ORCHARD WOOD Sold Prices

Land registry data shows two sales for ORCHARD WOOD 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. Both of the two ORCHARD WOOD sales 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
2006 7 MAR	£380,000	£293,585	29% above HPI
1997 2 JAN	£164,950	£100,996	63% above HPI

ORCHARD WOOD 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 ORCHARD WOOD sales from January 1997 and March 2006 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 January 1997 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2006 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is ORCHARD WOOD?

ORCHARD WOOD is 121m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% 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 ORCHARD WOOD lies on this distribution: 33% of detached houses are smaller than ORCHARD WOOD, and 67% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

ORCHARD WOOD: Plot and Title Map

ORCHARD WOOD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of ORCHARD WOOD, 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 ORCHARD WOOD). 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 ORCHARD WOOD?

ORCHARD WOOD is located on HAZELDENE LANE in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of ORCHARD WOOD on HAZELDENE LANE.