3, THE CEDARS, PEACEHAVEN, BN10 7SZ - £450,000

3 THE CEDARS is a very large extended detached house of 144m², built sometime between 1983 and 1990. It was last sold for £450,000 in February 2017, which was about the average February 2017 detached price in the Lewes local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was A.

3 THE CEDARS Sold Prices

Land registry data shows three sales for 3 THE CEDARS 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. The three 3 THE CEDARS sales were a mix of roughly equal to the average price, and 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 14 FEB	£450,000	£451,958	Close to HPI
2000 15 DEC	£150,000	£185,095	19% below HPI
1997 17 DEC	£120,000	£119,451	Close to HPI

3 THE CEDARS 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 3 THE CEDARS sales between December 1997 and February 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 December 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 THE CEDARS?

3 THE CEDARS is 144m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Peacehaven, and where 3 THE CEDARS lies on this distribution: 87% of detached houses are smaller than 3 THE CEDARS, and 12% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

3 THE CEDARS: Plot and Title Map

3 THE CEDARS sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 THE CEDARS, 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 3 THE CEDARS). 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 3 THE CEDARS?

3 THE CEDARS is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 3 on THE CEDARS.