31, VALENCE ROAD, LEWES, BN7 1SJ - £505,000

31 VALENCE ROAD is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £505,000 in August 2021, which was around 9% below the average August 2021 detached price in the Lewes local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

31 VALENCE ROAD Sold Prices

Land registry data shows two sales for 31 VALENCE ROAD 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 31 VALENCE ROAD 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
2021 27 AUG	£505,000	£556,348	9% below HPI
2010 5 MAR	£390,000	£322,484	21% above HPI

31 VALENCE 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 two 31 VALENCE ROAD sales from March 2010 and August 2021 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 March 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 31 VALENCE ROAD?

31 VALENCE ROAD is 74m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Lewes, based on EPC data. The below chart shows the distribution of detached houses by size in Lewes, and where 31 VALENCE ROAD lies on this distribution: 5% of detached houses are smaller than 31 VALENCE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Lewes.

31 VALENCE ROAD: Plot and Title Map

31 VALENCE ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 31 VALENCE 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 31 VALENCE 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 31 VALENCE ROAD?

31 VALENCE ROAD is located in LEWES, in the BN7 postcode district. The below map shows the position of No. 31 on VALENCE ROAD.