12, LEE WAY, NEWHAVEN, BN9 9SR - £272,000

12 LEE WAY is a midsized extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £272,000 in February 2020, which was around 43% below the average February 2020 detached price in the Lewes local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was C.

12 LEE WAY Sold Prices

Land registry data shows three sales for 12 LEE WAY 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 12 LEE WAY 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
2020 27 FEB	£272,000	£475,083	43% below HPI
2019 23 SEP	£272,500	£483,091	44% below HPI
2015 16 APR	£247,500	£404,155	39% below HPI

12 LEE WAY 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 12 LEE WAY sales between April 2015 and February 2020 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 September 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 12 LEE WAY?

12 LEE WAY is 99m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Newhaven, based on EPC data. The below chart shows the distribution of detached houses by size in Newhaven, and where 12 LEE WAY lies on this distribution: 44% of detached houses are smaller than 12 LEE WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

12 LEE WAY: Plot and Title Map

12 LEE WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 12 LEE WAY, 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 12 LEE WAY). 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 12 LEE WAY?

12 LEE WAY is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 12 on LEE WAY.