11, THE MARTLETS, SOUTH CHAILEY, LEWES, BN8 4QG - £358,000

11 THE MARTLETS is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £358,000 in July 2019, which was around 25% below the average July 2019 detached price in the Lewes local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

11 THE MARTLETS Sold Prices

Land registry data shows five sales for 11 THE MARTLETS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the five 11 THE MARTLETS 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
2019 23 JUL	£358,000	£478,458	25% below HPI
2015 12 FEB	£250,000	£401,771	38% below HPI
2012 2 JUL	£245,000	£352,350	30% below HPI
1999 24 OCT	£124,950	£151,674	18% below HPI
1997 29 JAN	£84,950	£100,996	16% below HPI

11 THE MARTLETS 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 five 11 THE MARTLETS sales between January 1997 and July 2019 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 February 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 11 THE MARTLETS?

11 THE MARTLETS is 86m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in South Chailey, and where 11 THE MARTLETS lies on this distribution: 15% of detached houses are smaller than 11 THE MARTLETS, and 85% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

11 THE MARTLETS: Plot and Title Map

11 THE MARTLETS sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 11 THE MARTLETS, 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 11 THE MARTLETS). 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 11 THE MARTLETS?

11 THE MARTLETS is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of No. 11 on THE MARTLETS.