NEWSTEAD LODGE, RECTORY LANE, IFIELD, CRAWLEY, RH11 0NJ - £620,000

NEWSTEAD LODGE is a very large extended semi-detached house of 220m², built sometime before 1900. It was last sold for £620,000 in December 2015, which was around 24% above the average December 2015 detached price in the Crawley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

NEWSTEAD LODGE Sold Prices

Land registry data shows three sales for NEWSTEAD LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. Two of the three NEWSTEAD LODGE sales were for above the average price, whilst one 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 1 DEC	£620,000	£498,645	24% above HPI
2007 25 MAY	£870,000	£352,347	147% above HPI
1998 2 NOV	£90,000	£154,600	42% below HPI

NEWSTEAD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The three NEWSTEAD LODGE sales between November 1998 and December 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 2007 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the December 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is NEWSTEAD LODGE?

NEWSTEAD LODGE is 220m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where NEWSTEAD LODGE lies on this distribution: 98% of detached houses are smaller than NEWSTEAD LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Crawley.

NEWSTEAD LODGE: Plot and Title Map

NEWSTEAD LODGE sits on a plot of roughly 1.8 acres, or 7,277m². The below map shows the location of NEWSTEAD LODGE, 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 NEWSTEAD LODGE). 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 NEWSTEAD LODGE?

NEWSTEAD LODGE is located on RECTORY LANE in IFIELD, in the RH11 postcode district. The below map shows the position of NEWSTEAD LODGE on RECTORY LANE.