118, PRINCESS DRIVE, SEAFORD, BN25 2TS - £232,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

118 PRINCESS DRIVE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £350,610. It was last sold for £232,500 in February 2013, which was around 40% below the average February 2013 detached price in the Lewes local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

118 PRINCESS DRIVE Sold Prices

Land registry data shows two sales for 118 PRINCESS DRIVE 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 118 PRINCESS DRIVE 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
2013 6 FEB	£232,500	£386,976	40% below HPI
2002 18 JUN	£175,000	£234,290	25% below HPI

118 PRINCESS DRIVE 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 118 PRINCESS DRIVE sales from June 2002 and February 2013 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 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 118 PRINCESS DRIVE be worth now?

118 PRINCESS DRIVE might now be worth an estimated £350,610.

This is based on house price inflation of 50.8%, between February 2013 and February 2025, for detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.8% inflationary increase is applied to the most recent sale price for 118 PRINCESS DRIVE of £232,500 on 6th February 2013. For the value to have increased from £232,500 to £350,610 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 118 PRINCESS DRIVE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The February 2013 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 118 PRINCESS DRIVE has not materially changed since February 2013.

How Large is 118 PRINCESS DRIVE?

118 PRINCESS DRIVE is 76m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaford, and where 118 PRINCESS DRIVE lies on this distribution: 10% of detached houses houses are smaller than 118 PRINCESS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Seaford.

118 PRINCESS DRIVE: Plot and Title Map

118 PRINCESS DRIVE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 118 PRINCESS DRIVE, 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 118 PRINCESS DRIVE). 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 118 PRINCESS DRIVE?

118 PRINCESS DRIVE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 118 on PRINCESS DRIVE.