Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
23 THE RIDINGS is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £445,000 in March 2024, which was around 19% below the average March 2024 detached price in the Lewes local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 23 THE RIDINGS since 1st 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 23 THE RIDINGS 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 15 MAR | £445,000 | £549,338 | 19% below HPI |
2014 10 OCT | £289,950 | £408,746 | 29% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The two 23 THE RIDINGS sales from October 2014 and March 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 October 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
23 THE RIDINGS is 79m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 23 THE RIDINGS lies on this distribution: 13% of detached houses are smaller than 23 THE RIDINGS, and 86% of houses are larger. Note that EPC data is not available for all properties in Seaford.
23 THE RIDINGS sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 23 THE RIDINGS, 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 23 THE RIDINGS). 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.
23 THE RIDINGS is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 23 on THE RIDINGS.