7, MANTELL CLOSE, NEWICK, LEWES, BN8 4FA - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MANTELL CLOSE is a very small detached house of 95m², built in 2016, which could now be worth an estimated £510,758. It was last sold for £440,000 in May 2018, which was around 14% below the average May 2018 detached price in the Lewes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

7 MANTELL CLOSE Sold Prices

Land registry data shows one sale for 7 MANTELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lewes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 14 MAY	£440,000	£514,395	14% below HPI

What might 7 MANTELL CLOSE be worth now?

7 MANTELL CLOSE might now be worth an estimated £510,758.

This is based on house price inflation of 16.1%, between May 2018 and May 2026, for detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 7 MANTELL CLOSE of £440,000 on 14th May 2018. For the value to have increased from £440,000 to £510,758 over the eight years to May 2026, the following assumptions must hold true:

• The value of 7 MANTELL CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The May 2018 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MANTELL CLOSE has not materially changed since May 2018.

How Large is 7 MANTELL CLOSE?

7 MANTELL CLOSE is 95m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Newick, based on EPC data. The below chart shows the distribution of detached houses by size in Newick, and where 7 MANTELL CLOSE lies on this distribution: 14% of detached houses are smaller than 7 MANTELL CLOSE, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Newick.

7 MANTELL CLOSE: Plot

7 MANTELL CLOSE sits on a plot of roughly 0.057 of an acre, or 231m².

Where is 7 MANTELL CLOSE?

7 MANTELL CLOSE is located in NEWICK, in the BN8 postcode district.