24, DELVES CLOSE, RINGMER, LEWES, BN8 5JW - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 DELVES CLOSE is a very large detached house of 198m², built sometime between 1967 and 1975. It was last sold for £380,000 in February 2014, which was around 4% below the average February 2014 detached price in the Lewes local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

24 DELVES CLOSE Sold Prices

Land registry data shows two sales for 24 DELVES CLOSE 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. One of the two 24 DELVES CLOSE sales was for below the average price, whilst the other was for above 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
2014 7 FEB	£380,000	£397,881	4% below HPI
2006 15 SEP	£340,000	£334,089	2% above HPI

24 DELVES 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 two 24 DELVES CLOSE sales from September 2006 and February 2014 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 24 DELVES CLOSE be worth now?

24 DELVES CLOSE might now be worth an estimated £560,144.

This is based on house price inflation of 47.4%, between February 2014 and December 2024, 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 47.4% inflationary increase is applied to the most recent sale price for 24 DELVES CLOSE of £380,000 on 7th February 2014. For the value to have increased from £380,000 to £560,144 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 24 DELVES CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The February 2014 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 24 DELVES CLOSE has not materially changed since February 2014.

How Large is 24 DELVES CLOSE?

24 DELVES CLOSE is 198m² according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringmer, and where 24 DELVES CLOSE lies on this distribution: 95% of detached houses houses are smaller than 24 DELVES CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

24 DELVES CLOSE: Plot and Title Map

24 DELVES CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 24 DELVES 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 24 DELVES 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 24 DELVES CLOSE?

24 DELVES CLOSE is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 24 on DELVES CLOSE.