5, LEE WAY, NEWHAVEN, BN9 9SR - £200,000

5 LEE WAY is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £200,000 in September 2013, which was around 46% below the average September 2013 detached price in the Lewes local authority area. The most recent EPC inspection was January 2012, where the current energy rating was G, and the potential energy rating was E.

5 LEE WAY Sold Prices

Land registry data shows three sales for 5 LEE WAY since 1st 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. All of the three 5 LEE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2013
6 SEP
£200,000£367,723
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46% below HPI
2012
16 JAN
£140,000£335,629
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58% below HPI
1997
21 NOV
£56,000£118,848
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53% below HPI

5 LEE WAY 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 5 LEE WAY sales between November 1997 and September 2013 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 January 2012 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the September 2013 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

5, LEE WAY, NEWHAVEN, BN9 9SR: Price paid vs HM Land Registry's House Price Index

How Large is 5 LEE WAY?

5 LEE WAY is 60m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Newhaven, based on EPC data. The below chart shows the distribution of detached houses by size in Newhaven, and where 5 LEE WAY lies on this distribution: 2% of detached houses are smaller than 5 LEE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Newhaven.

5, LEE WAY, NEWHAVEN, BN9 9SR: Size of property relative to detached houses in Newhaven

5 LEE WAY: Plot and Title Map

5 LEE WAY sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 5 LEE WAY, 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 5 LEE WAY). 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.

5, LEE WAY, NEWHAVEN, BN9 9SR: Plot and title map

Where is 5 LEE WAY?

5 LEE WAY is located in NEWHAVEN, in the BN9 postcode district. The below map shows the position of No. 5 on LEE WAY.

5, LEE WAY, NEWHAVEN, BN9 9SR: Location map and indicative extent of plot

All sales of detached houses on LEE WAY

2020
27 FEB
£272,000
2019
23 SEP
£272,500
2015
16 APR
£247,500
5, LEE WAY, NEWHAVEN, BN9 9SR
2013
6 SEP
£200,000
5, LEE WAY, NEWHAVEN, BN9 9SR
2012
16 JAN
£140,000
5, LEE WAY, NEWHAVEN, BN9 9SR
1997
21 NOV
£56,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.