15, THE PROMENADE, PEACEHAVEN, BN10 8QF - £425,000

15 THE PROMENADE is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £425,000 in March 2017, which was around 6% below the average March 2017 detached price in the Lewes local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

15 THE PROMENADE Sold Prices

Land registry data shows four sales for 15 THE PROMENADE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four 15 THE PROMENADE 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
2017 31 MAR	£425,000	£450,618	6% below HPI
2006 12 OCT	£297,000	£314,150	5% below HPI
1997 30 MAY	£87,000	£103,029	16% below HPI
1996 8 NOV	£57,000	£101,281	44% below HPI

15 THE PROMENADE 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 four 15 THE PROMENADE sales between November 1996 and March 2017 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 October 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 THE PROMENADE?

15 THE PROMENADE is 85m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Peacehaven, and where 15 THE PROMENADE lies on this distribution: 32% of detached houses are smaller than 15 THE PROMENADE, and 66% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

15 THE PROMENADE: Plot and Title Map

15 THE PROMENADE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 15 THE PROMENADE, 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 15 THE PROMENADE). 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 15 THE PROMENADE?

15 THE PROMENADE is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 15 on THE PROMENADE.