REEDENS LODGE, JACKIES LANE, NEWICK, LEWES, BN8 4QX - £610,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

REEDENS LODGE is a small extended detached house of 104m², built sometime before 1900. It was last sold for £610,000 in September 2022, which was around 2% below the average September 2022 detached price in the Lewes local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

REEDENS LODGE Sold Prices

Land registry data shows two sales for REEDENS LODGE 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. One of the two REEDENS LODGE sales was for below the average price, whilst the other was 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 29 SEP	£610,000	£619,638	2% below HPI
1999 27 MAY	£200,000	£146,765	36% above HPI

REEDENS LODGE 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 REEDENS LODGE sales from May 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 May 1999 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might REEDENS LODGE be worth now?

REEDENS LODGE might now be worth an estimated £577,379.

This is based on house price deflation of 5.3%, between September 2022 and December 2024, 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 5.3% deflationary decrease is applied to the most recent sale price for REEDENS LODGE of £610,000 on 29th September 2022. For the value to have decreased from £610,000 to £577,379 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of REEDENS LODGE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The September 2022 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of REEDENS LODGE has not materially changed since September 2022.

How Large is REEDENS LODGE?

REEDENS LODGE is 104m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses houses in Newick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newick, and where REEDENS LODGE lies on this distribution: 22% of detached houses houses are smaller than REEDENS LODGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Newick.

REEDENS LODGE: Plot and Title Map

REEDENS LODGE sits on a plot of roughly 0.282 of an acre, or 1,141m². The below map shows the location of REEDENS LODGE, 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 REEDENS LODGE). 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 REEDENS LODGE?

REEDENS LODGE is located on JACKIES LANE in NEWICK, in the BN8 postcode district. The below map shows the position of REEDENS LODGE on JACKIES LANE.