51, OLDAKER ROAD, NEWICK, LEWES, BN8 4LN - £315,000

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.

51 OLDAKER ROAD is a very small semi-detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £431,074. It was last sold for £315,000 in August 2015, which was around 7% above the average August 2015 semi-detached price in the Lewes local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

51 OLDAKER ROAD Sold Prices

Land registry data shows two sales for 51 OLDAKER ROAD 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 51 OLDAKER ROAD sales was for above the average price, whilst the other was 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
2015 11 AUG	£315,000	£293,085	7% above HPI
1997 30 MAY	£65,000	£69,589	7% below HPI

51 OLDAKER ROAD 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 51 OLDAKER ROAD sales from May 1997 and August 2015 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 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 51 OLDAKER ROAD be worth now?

51 OLDAKER ROAD might now be worth an estimated £431,074.

This is based on house price inflation of 36.8%, between August 2015 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 36.8% inflationary increase is applied to the most recent sale price for 51 OLDAKER ROAD of £315,000 on 11th August 2015. For the value to have increased from £315,000 to £431,074 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 51 OLDAKER ROAD has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The August 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 51 OLDAKER ROAD has not materially changed since August 2015.

How Large is 51 OLDAKER ROAD?

51 OLDAKER ROAD is 67m² according to the EPC inspection conducted in May 2015. 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 51 OLDAKER ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 51 OLDAKER ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Newick.

51 OLDAKER ROAD: Plot and Title Map

51 OLDAKER ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 51 OLDAKER 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 51 OLDAKER 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 51 OLDAKER ROAD?

51 OLDAKER ROAD is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 51 on OLDAKER ROAD.