41, NEWICK DRIVE, NEWICK, LEWES, BN8 4NY - £118,000

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.

41 NEWICK DRIVE is a very small semi-detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £343,898. It was last sold for £118,000 in December 2001, which was around 14% below the average December 2001 semi-detached price in the Lewes local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

41 NEWICK DRIVE Sold Prices

Land registry data shows two sales for 41 NEWICK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. One of the two 41 NEWICK DRIVE 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
2001 3 DEC	£118,000	£137,622	14% below HPI
1998 22 MAY	£82,000	£81,081	1% above HPI

41 NEWICK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The two 41 NEWICK DRIVE sales from May 1998 and December 2001 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 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2001 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 41 NEWICK DRIVE be worth now?

41 NEWICK DRIVE might now be worth an estimated £343,898.

This is based on house price inflation of 191.4%, between December 2001 and May 2026, for semi-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 191.4% inflationary increase is applied to the most recent sale price for 41 NEWICK DRIVE of £118,000 on 3rd December 2001. For the value to have increased from £118,000 to £343,898 over the 25 years and seven months to May 2026, the following assumptions must hold true:

• The value of 41 NEWICK DRIVE has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The December 2001 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 41 NEWICK DRIVE has not materially changed since December 2001.

How Large is 41 NEWICK DRIVE?

41 NEWICK DRIVE is 85m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of semi-detached houses houses in Newick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newick, and where 41 NEWICK DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 41 NEWICK DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newick.

41 NEWICK DRIVE: Plot and Title Map

41 NEWICK DRIVE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 41 NEWICK DRIVE, 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 41 NEWICK DRIVE). 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 41 NEWICK DRIVE?

41 NEWICK DRIVE is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 41 on NEWICK DRIVE.