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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE PROMENADE is a small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £532,677. It was last sold for £425,000 in March 2017, which was around 11% 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	£477,940	11% below HPI
2006 12 OCT	£297,000	£333,198	11% below HPI
1997 30 MAY	£87,000	£109,277	20% below HPI
1996 8 NOV	£57,000	£107,422	47% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2017 sale, which was also at 11% below the HPI.

What might 15 THE PROMENADE be worth now?

15 THE PROMENADE might now be worth an estimated £532,677.

This is based on house price inflation of 25.3%, between March 2017 and June 2025, for detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.3% inflationary increase is applied to the most recent sale price for 15 THE PROMENADE of £425,000 on 31st March 2017. For the value to have increased from £425,000 to £532,677 over the seven years and nine months to June 2025, the following assumptions must hold true:

• The value of 15 THE PROMENADE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The March 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PROMENADE has not materially changed since March 2017.

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 houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peacehaven, and where 15 THE PROMENADE lies on this distribution: 31% of detached houses houses are smaller than 15 THE PROMENADE, and 67% 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.