MYCROFT, MILL LANE, SOUTH CHAILEY, LEWES, BN8 4AZ - £445,000

MYCROFT is a midsized detached house of 126m², built sometime between 1950 and 1966. It was last sold for £445,000 in January 2016, which was around 1% above the average January 2016 detached price in the Lewes local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

MYCROFT Sold Prices

Land registry data shows two sales for MYCROFT 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. One of the two MYCROFT 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
2016 22 JAN	£445,000	£440,117	1% above HPI
1997 21 AUG	£100,000	£110,230	9% below HPI

MYCROFT 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 MYCROFT sales from August 1997 and January 2016 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 August 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is MYCROFT?

MYCROFT is 126m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% 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 MYCROFT lies on this distribution: 47% of detached houses are smaller than MYCROFT, and 53% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

MYCROFT: Plot and Title Map

MYCROFT sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of MYCROFT, 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 MYCROFT). 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 MYCROFT?

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