15, FAIRWAYS CLOSE, SEAFORD, BN25 4EG - £250,000

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.

15 FAIRWAYS CLOSE is a small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £439,474. It was last sold for £250,000 in September 2009, which was around 25% below the average September 2009 detached price in the Lewes local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

15 FAIRWAYS CLOSE Sold Prices

Land registry data shows two sales for 15 FAIRWAYS CLOSE 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 15 FAIRWAYS 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
2009 14 SEP	£250,000	£331,965	25% below HPI
1997 6 JUN	£92,171	£110,013	16% below HPI

15 FAIRWAYS 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 two 15 FAIRWAYS CLOSE sales from June 1997 and September 2009 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 June 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2009 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 FAIRWAYS CLOSE be worth now?

15 FAIRWAYS CLOSE might now be worth an estimated £439,474.

This is based on house price inflation of 75.8%, between September 2009 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 75.8% inflationary increase is applied to the most recent sale price for 15 FAIRWAYS CLOSE of £250,000 on 14th September 2009. For the value to have increased from £250,000 to £439,474 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 FAIRWAYS CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The September 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FAIRWAYS CLOSE has not materially changed since September 2009.

How Large is 15 FAIRWAYS CLOSE?

15 FAIRWAYS CLOSE is 84m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% 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 15 FAIRWAYS CLOSE lies on this distribution: 20% of detached houses houses are smaller than 15 FAIRWAYS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Seaford.

15 FAIRWAYS CLOSE: Plot and Title Map

15 FAIRWAYS CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 15 FAIRWAYS 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 15 FAIRWAYS 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 15 FAIRWAYS CLOSE?

15 FAIRWAYS CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 15 on FAIRWAYS CLOSE.