WILLOW LODGE, LOWER STATION ROAD, NEWICK, LEWES, BN8 4HU - £800,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WILLOW LODGE is a large extended detached house of 190m², built sometime between 1967 and 1975. It was last sold for £800,000 in June 2021, which was around 57% above the average June 2021 detached price in the Lewes local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was D.

WILLOW LODGE Sold Prices

Land registry data shows two sales for WILLOW 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. Both of the two WILLOW LODGE 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
2021 22 JUN	£800,000	£511,025	57% above HPI
1995 28 APR	£180,000	£97,127	85% above HPI

WILLOW 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 WILLOW LODGE sales from April 1995 and June 2021 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 1995 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the June 2021 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is WILLOW LODGE?

WILLOW LODGE is 190m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Newick, based on EPC data. The below chart shows the distribution of detached houses by size in Newick, and where WILLOW LODGE lies on this distribution: 79% of detached houses are smaller than WILLOW LODGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Newick.

WILLOW LODGE: Plot and Title Map

WILLOW LODGE sits on a plot of roughly 0.309 of an acre, or 1,250m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW LODGE?

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