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
25 RICHINGTON WAY is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £275,000 in March 2021, which was around 45% below the average March 2021 detached price in the Lewes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 25 RICHINGTON WAY 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 25 RICHINGTON WAY 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 |
---|---|---|---|
2021 17 MAR | £275,000 | £502,537 | 45% below HPI |
1999 25 OCT | £93,000 | £151,674 | 39% 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 25 RICHINGTON WAY sales from October 1999 and March 2021 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 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
25 RICHINGTON WAY is 58m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 25 RICHINGTON WAY lies on this distribution: 1% of detached houses are smaller than 25 RICHINGTON WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Seaford.
25 RICHINGTON WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 25 RICHINGTON WAY, 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 25 RICHINGTON WAY). 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.
25 RICHINGTON WAY is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 25 on RICHINGTON WAY.