REEVE COTTAGE is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £487,500 in October 2020, which was around 5% below the average October 2020 detached price in the Lewes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for REEVE COTTAGE since 1st 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 REEVE 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 |
---|---|---|---|
2020 12 OCT | £487,500 | £511,666 | 5% below HPI |
1997 29 SEP | £155,000 | £113,367 | 37% above HPI |
1995 23 OCT | £107,900 | £92,704 | 16% above HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three REEVE COTTAGE sales between October 1995 and October 2020 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 1997 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
REEVE COTTAGE is 87m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 REEVE COTTAGE lies on this distribution: 10% of detached houses are smaller than REEVE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in North Chailey.
REEVE COTTAGE sits on a plot of roughly 0.292 of an acre, or 1,182m². The below map shows the location of REEVE 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 REEVE 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.
REEVE COTTAGE is located on STATION ROAD in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of REEVE COTTAGE on STATION ROAD.