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
12 CORSICA ROAD is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £500,000 in January 2022, which was around 10% below the average January 2022 detached price in the Lewes local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 12 CORSICA ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three 12 CORSICA ROAD 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 |
---|---|---|---|
2022 28 JAN | £500,000 | £552,711 | 10% below HPI |
2007 10 OCT | £328,000 | £358,969 | 9% below HPI |
1998 22 SEP | £98,000 | £131,397 | 25% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 12 CORSICA ROAD sales between September 1998 and January 2022 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 October 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
12 CORSICA ROAD is 114m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 12 CORSICA ROAD lies on this distribution: 56% of detached houses are smaller than 12 CORSICA ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Seaford.
12 CORSICA ROAD sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 12 CORSICA ROAD, 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 12 CORSICA ROAD). 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.
12 CORSICA ROAD is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 12 on CORSICA ROAD.