ROSEDENE, HAZELDENE LANE, NORTH CHAILEY, LEWES, BN8 4HH - £570,000

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.

ROSEDENE is a small extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £612,927. It was last sold for £570,000 in October 2020, which was around 5% above the average October 2020 detached price in the Lewes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

ROSEDENE Sold Prices

Land registry data shows two sales for ROSEDENE 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 ROSEDENE sales was for above the average price, whilst the other was for below 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
2020 2 OCT	£570,000	£542,690	5% above HPI
2014 1 OCT	£359,000	£433,530	17% below HPI

ROSEDENE 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 ROSEDENE sales from October 2014 and October 2020 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 October 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might ROSEDENE be worth now?

ROSEDENE might now be worth an estimated £612,927.

This is based on house price inflation of 7.5%, between October 2020 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 7.5% inflationary increase is applied to the most recent sale price for ROSEDENE of £570,000 on 2nd October 2020. For the value to have increased from £570,000 to £612,927 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of ROSEDENE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The October 2020 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEDENE has not materially changed since October 2020.

How Large is ROSEDENE?

ROSEDENE is 114m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses houses in North Chailey, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Chailey, and where ROSEDENE lies on this distribution: 28% of detached houses houses are smaller than ROSEDENE, and 72% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

ROSEDENE: Plot and Title Map

ROSEDENE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of ROSEDENE, 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 ROSEDENE). 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 ROSEDENE?

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