2, KINGS ROAD, RINGMER, LEWES, BN8 5FS - £450,000

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

2 KINGS ROAD is a very small detached house of 91m². It was last sold for £450,000 in June 2023, which was around 24% below the average June 2023 detached price in the Lewes local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

2 KINGS ROAD Sold Prices

Land registry data shows two sales for 2 KINGS 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. Both of the two 2 KINGS ROAD 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
2023 15 JUN	£450,000	£594,809	24% below HPI
2019 6 DEC	£363,996	£490,870	26% below HPI

2 KINGS 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 2 KINGS ROAD sales from December 2019 and June 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 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 KINGS ROAD?

2 KINGS ROAD is 91m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 2 KINGS ROAD lies on this distribution: 14% of detached houses are smaller than 2 KINGS ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

2 KINGS ROAD: Plot and Title Map

2 KINGS ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 2 KINGS 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 2 KINGS 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 2 KINGS ROAD?

2 KINGS ROAD is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 2 on KINGS ROAD.