MALLING EDGE, MILL ROAD, LEWES, BN7 2RT - £470,000

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.

MALLING EDGE is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £538,875. It was last sold for £470,000 in August 2018, which was around 10% below the average August 2018 detached price in the Lewes local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

MALLING EDGE Sold Prices

Land registry data shows one sale for MALLING EDGE 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 6 AUG	£470,000	£522,885	10% below HPI

What might MALLING EDGE be worth now?

MALLING EDGE might now be worth an estimated £538,875.

This is based on house price inflation of 14.7%, between August 2018 and April 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 14.7% inflationary increase is applied to the most recent sale price for MALLING EDGE of £470,000 on 6th August 2018. For the value to have increased from £470,000 to £538,875 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of MALLING EDGE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The August 2018 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of MALLING EDGE has not materially changed since August 2018.

How Large is MALLING EDGE?

MALLING EDGE is 67m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Lewes, based on EPC data. The below chart shows the distribution of detached houses by size in Lewes, and where MALLING EDGE lies on this distribution: 2% of detached houses are smaller than MALLING EDGE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Lewes.

MALLING EDGE: Plot

MALLING EDGE sits on a plot of roughly 0.128 of an acre, or 518m².

Where is MALLING EDGE?

MALLING EDGE is located on MILL ROAD in LEWES, in the BN7 postcode district.