TREETOPS, LOWER STATION ROAD, NEWICK, LEWES, BN8 4HT - £752,500

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

TREETOPS is a very large extended detached house of 202m², built sometime between 1950 and 1966. It was last sold for £752,500 in May 2018, which was around 55% above the average May 2018 detached price in the Lewes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

TREETOPS Sold Prices

Land registry data shows three sales for TREETOPS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three TREETOPS 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 9 MAY	£752,500	£484,989	55% above HPI
2006 3 MAR	£455,000	£293,585	55% above HPI
2004 30 JAN	£440,000	£269,812	63% above HPI

TREETOPS 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 three TREETOPS sales between January 2004 and May 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 March 2006 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2018 sale, which was also at 55% above the HPI.

How Large is TREETOPS?

TREETOPS is 202m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 TREETOPS lies on this distribution: 85% of detached houses are smaller than TREETOPS, and 15% of houses are larger. Note that EPC data is not available for all properties in Newick.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.408 of an acre, or 1,650m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

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