CHERMARK, WELLINGTON ROAD, PEACEHAVEN, BN10 8QJ - £191,000

CHERMARK is a large extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £191,000 in November 2003, which was around 31% below the average November 2003 detached price in the Lewes local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

CHERMARK Sold Prices

Land registry data shows two sales for CHERMARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Both of the two CHERMARK 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
2003 21 NOV	£191,000	£275,199	31% below HPI
2001 24 SEP	£150,000	£205,197	27% below HPI

CHERMARK 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 two CHERMARK sales from September 2001 and November 2003 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 September 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2003 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is CHERMARK?

CHERMARK is 113m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Peacehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Peacehaven, and where CHERMARK lies on this distribution: 70% of detached houses are smaller than CHERMARK, and 30% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

CHERMARK: Plot and Title Map

CHERMARK sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of CHERMARK, 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 CHERMARK). 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 CHERMARK?

CHERMARK is located on WELLINGTON ROAD in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of CHERMARK on WELLINGTON ROAD.