Flat 1, 2 Lake Drive, Peacehaven, BN10 7QD is a leasehold flat built between 1976-1982. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £144,710 , which equates to approximately £299 per square foot. It was last sold on 8 Aug 2000 for £49,000. Since then, the value has increased by £95,710, representing a 195.3% increase, or approximately 7.7% per year.

The current estimated value of £144,710 is:

  • 13.9% lower than the average property price on Lake Drive
  • 11.4% lower than the average in the BN10 7QD postcode area
  • and 57.7% lower than the average price for Peacehaven as a whole

At the most recent EPC inspection on 9 November 2020, the property was recorded as rented.

View sold house prices in BN10 7QD

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£144,710
Price Per sq ft (estimate)
£299
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 2 Lake Drive, Peacehaven, Lewes, East Sussex, BN10 7QD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Nov 2020.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Aug 2009. The rating of D is unchanged, though the energy efficiency score decreased by 16.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN10 7QD

66 th / 73
Price Rank
11% lower than average
50 th / 69
Size Rank
7% smaller than average
55 th / 69
Price Per Sq FT Rank
5% lower than average

Compared to other properties in BN10 7QD , this flat's estimated value ranks 66th out of 73. Based on price per square foot, it ranks 55th out of 69 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 50th out of 69 properties in its postcode area.

Sale History

Today
£144,710
streetscan.co.uk estimate
+195 %
8 Aug 2000
£49,000
Leasehold
+53.1 %
8 Jan 1998
£32,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £110,000
sale date: 11 May 2023
rooms: 2
size: 506 sq ft
sale price: £165,000
sale date: 15 Feb 2023
rooms: 3
size: 549 sq ft
sale price: £195,000
sale date: 31 Oct 2022
rooms: 3
size: 506 sq ft
sale price: £195,000
sale date: 14 Oct 2022
rooms: 2
size: 441 sq ft
sale price: £174,000
sale date: 1 Apr 2022

Data Sources

The property at Flat 1, 2 Lake Drive, Peacehaven, BN10 7QD appears two times in the Land Registry records, with the latest transaction recorded on 8 Aug 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Nov 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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