14, FARM CLOSE, SEAFORD, BN25 3RZ - £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.

14 FARM CLOSE is a very small extended detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £440,877. It was last sold for £410,000 in October 2020, which was around 24% below the average October 2020 detached price in the Lewes local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

14 FARM CLOSE Sold Prices

Land registry data shows three sales for 14 FARM CLOSE since 1^st 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 14 FARM 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
2020 30 OCT	£410,000	£542,690	24% below HPI
2017 27 AUG	£300,000	£504,369	41% below HPI
2001 5 JUN	£135,000	£206,127	35% below HPI

14 FARM 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 three 14 FARM CLOSE sales between June 2001 and October 2020 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 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 14 FARM CLOSE be worth now?

14 FARM CLOSE might now be worth an estimated £440,877.

This is based on house price inflation of 7.5%, between October 2020 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 7.5% inflationary increase is applied to the most recent sale price for 14 FARM CLOSE of £410,000 on 30th October 2020. For the value to have increased from £410,000 to £440,877 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 FARM CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The October 2020 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FARM CLOSE has not materially changed since October 2020.

How Large is 14 FARM CLOSE?

14 FARM CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 14 FARM CLOSE lies on this distribution: 19% of detached houses houses are smaller than 14 FARM CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Seaford.

14 FARM CLOSE: Plot and Title Map

14 FARM CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 14 FARM 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 14 FARM 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 14 FARM CLOSE?

14 FARM CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 14 on FARM CLOSE.