2, VERNONS ROAD, NEWICK, LEWES, BN8 4NF - £475,000

2 VERNONS ROAD is a small extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £475,000 in December 2020, which was around 6% below the average December 2020 detached price in the Lewes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

2 VERNONS ROAD Sold Prices

Land registry data shows four sales for 2 VERNONS ROAD 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 2 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
2020 22 DEC	£475,000	£506,054	6% below HPI
2015 1 MAY	£326,000	£408,099	20% below HPI
2009 1 SEP	£258,000	£312,987	18% below HPI
2004 15 APR	£240,000	£283,368	15% below HPI

2 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 four 2 VERNONS ROAD sales between April 2004 and December 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 May 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 VERNONS ROAD?

2 VERNONS ROAD is 117m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Newick, based on EPC data. The below chart shows the distribution of detached houses by size in Newick, and where 2 VERNONS ROAD lies on this distribution: 33% of detached houses are smaller than 2 VERNONS ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Newick.

2 VERNONS ROAD: Plot and Title Map

2 VERNONS ROAD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 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 2 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 2 VERNONS ROAD?

2 VERNONS ROAD is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 2 on VERNONS ROAD.