1, OLD FOORD CLOSE, SOUTH CHAILEY, LEWES, BN8 4HL - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OLD FOORD CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £205,000 in February 2012, which was around 40% below the average February 2012 detached price in the Lewes local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

1 OLD FOORD CLOSE Sold Prices

Land registry data shows two sales for 1 OLD FOORD CLOSE since 1^st 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 OLD FOORD 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
2012 17 FEB	£205,000	£342,708	40% below HPI
2003 6 JUN	£188,950	£264,958	29% below HPI

1 OLD FOORD CLOSE 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 two 1 OLD FOORD CLOSE sales from June 2003 and February 2012 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 June 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 OLD FOORD CLOSE?

1 OLD FOORD CLOSE is 81m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in South Chailey, based on EPC data. The below chart shows the distribution of detached houses by size in South Chailey, and where 1 OLD FOORD CLOSE lies on this distribution: 7% of detached houses are smaller than 1 OLD FOORD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

1 OLD FOORD CLOSE: Plot and Title Map

1 OLD FOORD CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 1 OLD FOORD 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 OLD FOORD 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.

Where is 1 OLD FOORD CLOSE?

1 OLD FOORD CLOSE is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of No. 1 on OLD FOORD CLOSE.