THE MARIGOLDS, STATION ROAD, NORTH CHAILEY, LEWES, BN8 4HG - £410,000

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.

THE MARIGOLDS is a very small extended detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £757,261. It was last sold for £410,000 in July 2009, which was around 30% above the average July 2009 detached price in the Lewes local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

THE MARIGOLDS Sold Prices

Land registry data shows two sales for THE MARIGOLDS 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 THE MARIGOLDS 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
2009 31 JUL	£410,000	£315,954	30% above HPI
2006 24 NOV	£250,000	£331,912	25% below HPI

THE MARIGOLDS 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 THE MARIGOLDS sales from November 2006 and July 2009 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 November 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2009 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might THE MARIGOLDS be worth now?

THE MARIGOLDS might now be worth an estimated £757,261.

This is based on house price inflation of 84.7%, between July 2009 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 84.7% inflationary increase is applied to the most recent sale price for THE MARIGOLDS of £410,000 on 31st July 2009. For the value to have increased from £410,000 to £757,261 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of THE MARIGOLDS has moved in line with the HPI for detached houses in the Lewes local authority area.
• The July 2009 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of THE MARIGOLDS has not materially changed since July 2009.

How Large is THE MARIGOLDS?

THE MARIGOLDS is 96m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% 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 THE MARIGOLDS lies on this distribution: 20% of detached houses houses are smaller than THE MARIGOLDS, and 80% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

THE MARIGOLDS: Plot and Title Map

THE MARIGOLDS sits on a plot of roughly 0.276 of an acre, or 1,118m². The below map shows the location of THE MARIGOLDS, 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 THE MARIGOLDS). 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 THE MARIGOLDS?

THE MARIGOLDS is located on STATION ROAD in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of THE MARIGOLDS on STATION ROAD.