PRIMROSE PLACE, SOUTH CHAILEY, LEWES, BN8 4AB - £950,000

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.

PRIMROSE PLACE is a very large extended detached house of 216m², built sometime between 1996 and 2002, which could now be worth an estimated £894,687. It was last sold for £950,000 in September 2022, which was around 53% above the average September 2022 detached price in the Lewes local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

PRIMROSE PLACE Sold Prices

Land registry data shows four sales for PRIMROSE PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four PRIMROSE PLACE 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
2022 30 SEP	£950,000	£619,638	53% above HPI
2005 29 APR	£490,000	£319,183	54% above HPI
2001 16 AUG	£295,000	£212,448	39% above HPI
1999 5 MAR	£235,000	£143,037	64% above HPI

PRIMROSE PLACE 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 four PRIMROSE PLACE sales between March 1999 and September 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 April 2005 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2022 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might PRIMROSE PLACE be worth now?

PRIMROSE PLACE might now be worth an estimated £894,687.

This is based on house price deflation of 5.8%, between September 2022 and February 2025, for 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 5.8% deflationary decrease is applied to the most recent sale price for PRIMROSE PLACE of £950,000 on 30th September 2022. For the value to have decreased from £950,000 to £894,687 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of PRIMROSE PLACE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The September 2022 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of PRIMROSE PLACE has not materially changed since September 2022.

How Large is PRIMROSE PLACE?

PRIMROSE PLACE is 216m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Chailey, and where PRIMROSE PLACE lies on this distribution: 93% of detached houses houses are smaller than PRIMROSE PLACE, and 5% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

PRIMROSE PLACE: Plot and Title Map

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

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