THREE TREES, STATION ROAD, NORTH CHAILEY, LEWES, BN8 4HD - £325,000

THREE TREES is a large extended detached house of 167m², built sometime between 1900 and 1929. It was last sold for £325,000 in May 2013, which was around 8% below the average May 2013 detached price in the Lewes local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

THREE TREES Sold Prices

Land registry data shows three sales for THREE TREES since 1^st 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 THREE TREES 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
2013 3 MAY	£325,000	£352,736	8% below HPI
2006 31 JUL	£357,500	£313,082	14% above HPI
2003 21 NOV	£370,000	£275,199	34% above HPI

THREE TREES 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 three THREE TREES sales between November 2003 and May 2013 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 July 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2013 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THREE TREES?

THREE TREES is 167m², which includes four extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% 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 THREE TREES lies on this distribution: 71% of detached houses are smaller than THREE TREES, and 26% of houses are larger. Note that EPC data is not available for all properties in North Chailey.

THREE TREES: Plot and Title Map

THREE TREES sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of THREE TREES, 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 THREE TREES). 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 THREE TREES?

THREE TREES is located on STATION ROAD in NORTH CHAILEY, in the BN8 postcode district. The below map shows the position of THREE TREES on STATION ROAD.