According to the public record, Old Lane Cottage, Lewes is a early-century freehold house and with 1,453 ft2 of internal area and sits on a 558 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Buttsfield Lane, East Hoathly, Lewes, BN8 is located in the borough of Wealden within the BN8 postal district.
Old Lane Cottage, Lewes has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Old Lane Cottage Lewes as £472,463 and the rental value as £1,904 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Old Lane Cottage Lewes has decreased by £4,056 (0.9%) and its rental value has increased by £141 per month (7.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Old Lane Cottage, Lewes is in very good condition we estimate a sale value of £496,087 and rental value of £1,999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,391 and a rental value of £1,770 per month.
If you were able to purchase this property for the estimated value of £472,463, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,322 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Old Lane Cottage, Lewes sits on a plot of 558m2.
We have plot size data on 12 out of 18 other houses in the postcode and Old Lane Cottage, Lewes sits on the 3rd largest plot.
According to HM Land Registry, Old Lane Cottage, Lewes was last sold on 15 Oct 2021 for £397,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Lane Cottage, Lewes within a radius of 318m over the last 2 years.
The most recent example is 2, Trug Close, Lewes, BN8 6AF, a Freehold house which sold for £475,000 in Aug 2022.
Read more about house prices in BN8.
Buttsfield Lane, East Hoathly, Lewes, BN8 has a total of 33 addresses. According to our analysis of all the public data, Old Lane Cottage, Lewes is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in BN8.
Old Lane Cottage, Lewes has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Old Lane Cottage, Lewes is Uckfield station which is 6.9 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Old Lane Cottage, Lewes, 47.3% of property is privately owned outright and 31.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Old Lane Cottage, Lewes, 19.1% of residents are recorded as possessing school level qualifications and 36.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Old Lane Cottage, Lewes, the average age was 46.4 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Old Lane Cottage, Lewes, 2.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Old Lane Cottage, Lewes, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.