40, MONTREAL CLOSE, PEACEHAVEN, BN10 8FG - £267,000

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.

40 MONTREAL CLOSE is a very small terraced house of 72m², which could now be worth an estimated £329,306. It was last sold for £267,000 in June 2017, which was around 1% above the average June 2017 terraced price in the Lewes local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

40 MONTREAL CLOSE Sold Prices

Land registry data shows two sales for 40 MONTREAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. Both of the two 40 MONTREAL CLOSE sales were 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
2017 2 JUN	£267,000	£264,864	1% above HPI
2012 9 NOV	£209,000	£205,751	2% above HPI

40 MONTREAL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lewes local authority area over time, sourced from the HPI. The two 40 MONTREAL CLOSE sales from November 2012 and June 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 November 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 40 MONTREAL CLOSE be worth now?

40 MONTREAL CLOSE might now be worth an estimated £329,306.

This is based on house price inflation of 23.3%, between June 2017 and June 2025, for terraced 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 23.3% inflationary increase is applied to the most recent sale price for 40 MONTREAL CLOSE of £267,000 on 2nd June 2017. For the value to have increased from £267,000 to £329,306 over the eight years to June 2025, the following assumptions must hold true:

• The value of 40 MONTREAL CLOSE has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The June 2017 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MONTREAL CLOSE has not materially changed since June 2017.

How Large is 40 MONTREAL CLOSE?

40 MONTREAL CLOSE is 72m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of terraced houses houses in Peacehaven, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Peacehaven, and where 40 MONTREAL CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 40 MONTREAL CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

40 MONTREAL CLOSE: Plot and Title Map

40 MONTREAL CLOSE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 40 MONTREAL 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 40 MONTREAL 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 40 MONTREAL CLOSE?

40 MONTREAL CLOSE is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 40 on MONTREAL CLOSE.