15, HOMEFIELD ROAD, SEAFORD, BN25 3DG - £395,000

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 HOMEFIELD ROAD is a small detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £436,593. It was last sold for £395,000 in February 2019, which was around 25% below the average February 2019 detached price in the Lewes local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

15 HOMEFIELD ROAD Sold Prices

Land registry data shows two sales for 15 HOMEFIELD ROAD 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. One of the two 15 HOMEFIELD ROAD sales was for below the average price, whilst the other was 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
2019 8 FEB	£395,000	£527,966	25% below HPI
1998 9 OCT	£135,000	£133,852	1% above HPI

15 HOMEFIELD ROAD 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 HOMEFIELD ROAD sales from October 1998 and February 2019 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 October 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 HOMEFIELD ROAD be worth now?

15 HOMEFIELD ROAD might now be worth an estimated £436,593.

This is based on house price inflation of 10.5%, between February 2019 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 10.5% inflationary increase is applied to the most recent sale price for 15 HOMEFIELD ROAD of £395,000 on 8th February 2019. For the value to have increased from £395,000 to £436,593 over the six years to February 2025, the following assumptions must hold true:

• The value of 15 HOMEFIELD ROAD has moved in line with the HPI for detached houses in the Lewes local authority area.
• The February 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HOMEFIELD ROAD has not materially changed since February 2019.

How Large is 15 HOMEFIELD ROAD?

15 HOMEFIELD ROAD is 84m² according to the EPC inspection conducted in September 2018. 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 HOMEFIELD ROAD lies on this distribution: 20% of detached houses houses are smaller than 15 HOMEFIELD ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Seaford.

15 HOMEFIELD ROAD: Plot and Title Map

15 HOMEFIELD ROAD sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 15 HOMEFIELD ROAD, 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 HOMEFIELD ROAD). 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 HOMEFIELD ROAD?

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