FAIRFIELDS, MILL LANE, SOUTH CHAILEY, LEWES, BN8 4PU - £467,500

FAIRFIELDS is a large detached house of 162m², built sometime between 1967 and 1975. It was last sold for £467,500 in October 2018, which was around 4% below the average October 2018 detached price in the Lewes local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

FAIRFIELDS Sold Prices

Land registry data shows three sales for FAIRFIELDS since 1^st 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. One of the three FAIRFIELDS sales was for below the average price, whilst two were 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
2018 10 OCT	£467,500	£486,140	4% below HPI
2014 23 MAY	£390,000	£373,052	5% above HPI
2002 16 SEP	£275,000	£234,674	17% above HPI

FAIRFIELDS 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 FAIRFIELDS sales between September 2002 and October 2018 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 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FAIRFIELDS?

FAIRFIELDS is 162m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in South Chailey, and where FAIRFIELDS lies on this distribution: 69% of detached houses are smaller than FAIRFIELDS, and 29% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

FAIRFIELDS: Plot and Title Map

FAIRFIELDS sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of FAIRFIELDS, 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 FAIRFIELDS). 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 FAIRFIELDS?

FAIRFIELDS is located on MILL LANE in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of FAIRFIELDS on MILL LANE.