2, FARM CLOSE, SEAFORD, BN25 3RX - £385,000

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 FARM CLOSE is a midsized extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £367,463. It was last sold for £385,000 in August 2022, which was around 37% below the average August 2022 detached price in the Lewes local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

2 FARM CLOSE Sold Prices

Land registry data shows three sales for 2 FARM CLOSE since 1^st 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 2 FARM 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
2022 2 AUG	£385,000	£611,410	37% below HPI
2000 26 OCT	£113,500	£195,427	42% below HPI
1997 27 JUN	£82,000	£110,013	25% below HPI

2 FARM 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 three 2 FARM CLOSE sales between June 1997 and August 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 October 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 FARM CLOSE be worth now?

2 FARM CLOSE might now be worth an estimated £367,463.

This is based on house price deflation of 4.6%, between August 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 4.6% deflationary decrease is applied to the most recent sale price for 2 FARM CLOSE of £385,000 on 2nd August 2022. For the value to have decreased from £385,000 to £367,463 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 FARM CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The August 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARM CLOSE has not materially changed since August 2022.

How Large is 2 FARM CLOSE?

2 FARM CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in March 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 FARM CLOSE lies on this distribution: 51% of detached houses houses are smaller than 2 FARM CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Seaford.

2 FARM CLOSE: Plot and Title Map

2 FARM CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 FARM 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 2 FARM 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 2 FARM CLOSE?

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