PROVIDENCE COTTAGE, LOWER STATION ROAD, NEWICK, LEWES, BN8 4HT - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PROVIDENCE COTTAGE is a very small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £545,000 in March 2018, which was around 15% above the average March 2018 detached price in the Lewes local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was C.

PROVIDENCE COTTAGE Sold Prices

Land registry data shows two sales for PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE 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
2018 16 MAR	£545,000	£473,107	15% above HPI
1999 1 APR	£250,000	£136,289	83% above HPI

PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE sales from April 1999 and March 2018 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 1999 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the March 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is PROVIDENCE COTTAGE?

PROVIDENCE COTTAGE is 102m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses in Newick, based on EPC data. The below chart shows the distribution of detached houses by size in Newick, and where PROVIDENCE COTTAGE lies on this distribution: 20% of detached houses are smaller than PROVIDENCE COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Newick.

PROVIDENCE COTTAGE: Plot and Title Map

PROVIDENCE COTTAGE sits on a plot of roughly 0.359 of an acre, or 1,453m². The below map shows the location of PROVIDENCE 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 PROVIDENCE 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 PROVIDENCE COTTAGE?

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