1, VERNONS ROAD, NEWICK, LEWES, BN8 4NF - £575,000

1 VERNONS ROAD is a very small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £575,000 in May 2022, which was around 7% below the average May 2022 detached price in the Lewes local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

1 VERNONS ROAD Sold Prices

Land registry data shows three sales for 1 VERNONS ROAD 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 1 VERNONS ROAD sales were 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
2022 6 MAY	£575,000	£616,952	7% below HPI
2014 28 NOV	£327,500	£407,625	20% below HPI
1996 27 NOV	£100,000	£101,281	1% below HPI

1 VERNONS ROAD 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 1 VERNONS ROAD sales between November 1996 and May 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 November 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 VERNONS ROAD?

1 VERNONS ROAD is 93m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 1 VERNONS ROAD lies on this distribution: 15% of detached houses are smaller than 1 VERNONS ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Newick.

1 VERNONS ROAD: Plot and Title Map

1 VERNONS ROAD sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 1 VERNONS ROAD, 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 1 VERNONS ROAD). 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 1 VERNONS ROAD?

1 VERNONS ROAD is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 1 on VERNONS ROAD.