12, MARINE DRIVE, SEAFORD, BN25 2RS - £520,000

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 MARINE DRIVE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £520,000 in May 2023, which was around 13% below the average May 2023 detached price in the Lewes local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was B.

12 MARINE DRIVE Sold Prices

Land registry data shows two sales for 12 MARINE 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 12 MARINE 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
2023 25 MAY	£520,000	£599,504	13% below HPI
2009 3 AUG	£215,000	£308,668	30% below HPI

12 MARINE 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 12 MARINE DRIVE sales from August 2009 and May 2023 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 August 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 MARINE DRIVE?

12 MARINE DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 MARINE DRIVE lies on this distribution: 48% of detached houses are smaller than 12 MARINE DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Seaford.

12 MARINE DRIVE: Plot and Title Map

12 MARINE DRIVE sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 12 MARINE 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 12 MARINE 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 12 MARINE DRIVE?

12 MARINE DRIVE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 12 on MARINE DRIVE.