2, ELGIN GARDENS, SEAFORD, BN25 3UR - £565,000

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.

2 ELGIN GARDENS is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £541,547. It was last sold for £565,000 in June 2022, which was around 7% below the average June 2022 detached price in the Lewes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 ELGIN GARDENS Sold Prices

Land registry data shows four sales for 2 ELGIN GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four 2 ELGIN GARDENS 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
2022 27 JUN	£565,000	£608,832	7% below HPI
2018 31 JUL	£320,000	£520,012	38% below HPI
2012 20 DEC	£239,000	£378,937	37% below HPI
2009 9 OCT	£245,000	£334,211	27% below HPI

2 ELGIN GARDENS 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 four 2 ELGIN GARDENS sales between October 2009 and June 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 July 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 ELGIN GARDENS be worth now?

2 ELGIN GARDENS might now be worth an estimated £541,547.

This is based on house price deflation of 4.2%, between June 2022 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 4.2% deflationary decrease is applied to the most recent sale price for 2 ELGIN GARDENS of £565,000 on 27th June 2022. For the value to have decreased from £565,000 to £541,547 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 ELGIN GARDENS has moved in line with the HPI for detached houses in the Lewes local authority area.
• The June 2022 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELGIN GARDENS has not materially changed since June 2022.

How Large is 2 ELGIN GARDENS?

2 ELGIN GARDENS is 114m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% 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 2 ELGIN GARDENS lies on this distribution: 56% of detached houses houses are smaller than 2 ELGIN GARDENS, and 43% of houses are larger. Note that EPC data is not available for all properties in Seaford.

2 ELGIN GARDENS: Plot and Title Map

2 ELGIN GARDENS sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 2 ELGIN GARDENS, 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 2 ELGIN GARDENS). 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 2 ELGIN GARDENS?

2 ELGIN GARDENS is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 2 on ELGIN GARDENS.