2, ROWAN CLOSE, SEAFORD, BN25 4NW - £460,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 ROWAN CLOSE is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £460,000 in May 2024, which was around 19% below the average May 2024 detached price in the Lewes local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

2 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 2 ROWAN 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 ROWAN 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
2024 22 MAY	£460,000	£568,688	19% below HPI
2007 27 SEP	£326,000	£358,323	9% below HPI
2000 8 DEC	£178,000	£185,095	4% below HPI

2 ROWAN 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 ROWAN CLOSE sales between December 2000 and May 2024 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 September 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 ROWAN CLOSE?

2 ROWAN CLOSE is 94m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 2 ROWAN CLOSE lies on this distribution: 35% of detached houses are smaller than 2 ROWAN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Seaford.

2 ROWAN CLOSE: Plot and Title Map

2 ROWAN CLOSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 2 ROWAN 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 ROWAN 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 ROWAN CLOSE?

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