121, NORTH WAY, SEAFORD, BN25 3JW - £410,000

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.

121 NORTH WAY is a small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £491,554. It was last sold for £410,000 in August 2016, which was around 16% below the average August 2016 detached price in the Lewes local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

121 NORTH WAY Sold Prices

Land registry data shows two sales for 121 NORTH WAY 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 121 NORTH WAY 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
2016 15 AUG	£410,000	£486,741	16% below HPI
2015 3 JUL	£318,000	£434,128	27% below HPI

121 NORTH WAY 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 121 NORTH WAY sales from July 2015 and August 2016 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 121 NORTH WAY be worth now?

121 NORTH WAY might now be worth an estimated £491,554.

This is based on house price inflation of 19.9%, between August 2016 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 19.9% inflationary increase is applied to the most recent sale price for 121 NORTH WAY of £410,000 on 15th August 2016. For the value to have increased from £410,000 to £491,554 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 121 NORTH WAY has moved in line with the HPI for detached houses in the Lewes local authority area.
• The August 2016 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 121 NORTH WAY has not materially changed since August 2016.

How Large is 121 NORTH WAY?

121 NORTH WAY is 98m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% 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 121 NORTH WAY lies on this distribution: 39% of detached houses houses are smaller than 121 NORTH WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Seaford.

121 NORTH WAY: Plot and Title Map

121 NORTH WAY sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 121 NORTH WAY, 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 121 NORTH WAY). 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 121 NORTH WAY?

121 NORTH WAY is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 121 on NORTH WAY.