Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 FREELAND CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £232,500 in April 2008, which was around 32% below the average April 2008 detached price in the Lewes local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 FREELAND CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Both of the two 1 FREELAND CLOSE sales were for below 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 |
---|---|---|---|
2008 4 APR | £232,500 | £343,965 | 32% below HPI |
2002 17 JUL | £158,000 | £225,963 | 30% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The two 1 FREELAND CLOSE sales from July 2002 and April 2008 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2008 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
1 FREELAND CLOSE is 70m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 1 FREELAND CLOSE lies on this distribution: 6% of detached houses are smaller than 1 FREELAND CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Seaford.
1 FREELAND CLOSE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 1 FREELAND CLOSE, 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 1 FREELAND CLOSE). 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.
1 FREELAND CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 1 on FREELAND CLOSE.