5, VERNONS ROAD, NEWICK, LEWES, BN8 4NF - £362,000

5 VERNONS ROAD is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £362,000 in August 2017, which was around 24% below the average August 2017 detached price in the Lewes local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

5 VERNONS ROAD Sold Prices

Land registry data shows six sales for 5 VERNONS ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the six 5 VERNONS ROAD sales were for 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 17 AUG	£362,000	£475,536	24% below HPI
2006 14 DEC	£269,950	£319,166	15% below HPI
2003 27 FEB	£229,950	£255,034	10% below HPI
2001 9 NOV	£179,500	£206,847	13% below HPI
1999 17 NOV	£130,000	£153,833	15% below HPI
1999 31 MAR	£125,000	£134,860	7% below HPI

5 VERNONS 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 six 5 VERNONS ROAD sales between March 1999 and August 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 VERNONS ROAD?

5 VERNONS ROAD is 78m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Newick, based on EPC data. The below chart shows the distribution of detached houses by size in Newick, and where 5 VERNONS ROAD lies on this distribution: 6% of detached houses are smaller than 5 VERNONS ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Newick.

5 VERNONS ROAD: Plot and Title Map

5 VERNONS ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 5 VERNONS 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 5 VERNONS 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 5 VERNONS ROAD?

5 VERNONS ROAD is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 5 on VERNONS ROAD.