WHEELWRIGHTS, MILL LANE, RODMELL, LEWES, BN7 3HS - £500,000

WHEELWRIGHTS is a very small extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £500,000 in February 2021, which was around 3% below the average February 2021 detached price in the Lewes local authority area. The most recent EPC inspection was February 2020, where the current energy rating was F, and the potential energy rating was D.

WHEELWRIGHTS Sold Prices

Land registry data shows three sales for WHEELWRIGHTS 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. Two of the three WHEELWRIGHTS sales were for below the average price, whilst one was 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
2021 26 FEB	£500,000	£515,365	3% below HPI
2012 19 JAN	£340,000	£335,629	1% above HPI
2006 7 APR	£248,000	£297,403	17% below HPI

WHEELWRIGHTS 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 WHEELWRIGHTS sales between April 2006 and February 2021 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 January 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is WHEELWRIGHTS?

WHEELWRIGHTS is 114m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Rodmell, based on EPC data. The below chart shows the distribution of detached houses by size in Rodmell, and where WHEELWRIGHTS lies on this distribution: 16% of detached houses are smaller than WHEELWRIGHTS, and 84% of houses are larger. Note that EPC data is not available for all properties in Rodmell.

WHEELWRIGHTS: Plot and Title Map

WHEELWRIGHTS sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of WHEELWRIGHTS, 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 WHEELWRIGHTS). 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 WHEELWRIGHTS?

WHEELWRIGHTS is located on MILL LANE in RODMELL, in the BN7 postcode district. The below map shows the position of WHEELWRIGHTS on MILL LANE.