2, WHITEGATES CLOSE, SOUTH CHAILEY, LEWES, BN8 4AE - £428,000

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.

2 WHITEGATES CLOSE is a small extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £484,058. It was last sold for £428,000 in February 2019, which was around 19% below the average February 2019 detached price in the Lewes local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 WHITEGATES CLOSE Sold Prices

Land registry data shows two sales for 2 WHITEGATES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. One of the two 2 WHITEGATES CLOSE sales was for below the average price, whilst the other was for above 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 8 FEB	£428,000	£527,966	19% below HPI
1999 19 NOV	£170,000	£163,161	4% above HPI

2 WHITEGATES CLOSE 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 two 2 WHITEGATES CLOSE sales from November 1999 and February 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 November 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 WHITEGATES CLOSE be worth now?

2 WHITEGATES CLOSE might now be worth an estimated £484,058.

This is based on house price inflation of 13.1%, between February 2019 and May 2026, 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 13.1% inflationary increase is applied to the most recent sale price for 2 WHITEGATES CLOSE of £428,000 on 8th February 2019. For the value to have increased from £428,000 to £484,058 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 WHITEGATES CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The February 2019 sale price of £428,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WHITEGATES CLOSE has not materially changed since February 2019.

How Large is 2 WHITEGATES CLOSE?

2 WHITEGATES CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Chailey, and where 2 WHITEGATES CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 WHITEGATES CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

2 WHITEGATES CLOSE: Plot and Title Map

2 WHITEGATES CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 2 WHITEGATES CLOSE, 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 WHITEGATES CLOSE). 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 WHITEGATES CLOSE?

2 WHITEGATES CLOSE is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of No. 2 on WHITEGATES CLOSE.