MAY COTTAGE, HAYWARDS HEATH ROAD, NORTH CHAILEY, LEWES, BN8 4ES - £430,000

MAY COTTAGE is a very large extended detached house of 209m², built sometime before 1900. It was last sold for £430,000 in June 2022, which was around 30% below the average June 2022 detached price in the Lewes local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

MAY COTTAGE Sold Prices

Land registry data shows three sales for MAY COTTAGE 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 MAY COTTAGE 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
2022 14 JUN	£430,000	£616,330	30% below HPI
2008 7 JAN	£374,000	£353,052	6% above HPI
2001 2 FEB	£243,000	£180,771	34% above HPI

MAY COTTAGE 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 MAY COTTAGE sales between February 2001 and June 2022 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 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is MAY COTTAGE?

MAY COTTAGE is 209m², which includes three extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in North Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in North Chailey, and where MAY COTTAGE lies on this distribution: 86% of detached houses are smaller than MAY COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

MAY COTTAGE: Plot and Title Map

MAY COTTAGE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of MAY COTTAGE, 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 MAY COTTAGE). 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 MAY COTTAGE?

MAY COTTAGE is located on HAYWARDS HEATH ROAD in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of MAY COTTAGE on HAYWARDS HEATH ROAD.