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
14 LOWER DRIVE is a large extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £670,000 in May 2022, which was around 17% above the average May 2022 detached price in the Lewes local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 14 LOWER DRIVE 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 14 LOWER DRIVE sales were for above 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 23 MAY | £670,000 | £573,801 | 17% above HPI |
2016 10 NOV | £468,000 | £457,666 | 2% above HPI |
1995 21 DEC | £145,000 | £93,988 | 54% above HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 14 LOWER DRIVE sales between December 1995 and May 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 November 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
14 LOWER DRIVE is 130m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 14 LOWER DRIVE lies on this distribution: 71% of detached houses are smaller than 14 LOWER DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Seaford.
14 LOWER DRIVE sits on a plot of roughly 0.167 of an acre, or 678m². The below map shows the location of 14 LOWER 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 14 LOWER 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.
14 LOWER DRIVE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 14 on LOWER DRIVE.