16, THE FORGES, RINGMER, LEWES, BN8 5FA - £618,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 THE FORGES is a midsized detached house of 128m², built sometime between 2003 and 2006. It was last sold for £618,000 in May 2023, which was around 3% above the average May 2023 detached price in the Lewes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was B.

16 THE FORGES Sold Prices

Land registry data shows two sales for 16 THE FORGES 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 16 THE FORGES 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
2023 17 MAY	£618,000	£599,504	3% above HPI
2006 5 DEC	£369,950	£319,166	16% above HPI

16 THE FORGES 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 16 THE FORGES sales from December 2006 and May 2023 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 December 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 16 THE FORGES?

16 THE FORGES is 128m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 16 THE FORGES lies on this distribution: 56% of detached houses are smaller than 16 THE FORGES, and 42% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

16 THE FORGES: Plot and Title Map

16 THE FORGES sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 16 THE FORGES, 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 16 THE FORGES). 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 16 THE FORGES?

16 THE FORGES is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 16 on THE FORGES.