31, MILL ROAD, RINGMER, LEWES, BN8 5HZ - £282,000

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

31 MILL ROAD is a very small extended semi-detached house of 75m², built sometime between 1967 and 1975. It was last sold for £282,000 in October 2024, which was around 30% below the average October 2024 semi-detached price in the Lewes local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

31 MILL ROAD Sold Prices

Land registry data shows two sales for 31 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. One of the two 31 MILL ROAD 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
2024 22 OCT	£282,000	£401,887	30% below HPI
2004 16 JUL	£228,000	£199,093	15% above HPI

31 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The two 31 MILL ROAD sales from July 2004 and October 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 July 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 31 MILL ROAD be worth now?

31 MILL ROAD might now be worth an estimated £279,038.

This is based on house price deflation of 1.1%, between October 2024 and December 2024, for semi-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 1.1% deflationary decrease is applied to the most recent sale price for 31 MILL ROAD of £282,000 on 22nd October 2024. For the value to have decreased from £282,000 to £279,038 over the ten months to December 2024, the following assumptions must hold true:

• The value of 31 MILL ROAD has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The October 2024 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MILL ROAD has not materially changed since October 2024.

How Large is 31 MILL ROAD?

31 MILL ROAD is 75m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of semi-detached houses houses in Ringmer, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ringmer, and where 31 MILL ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 31 MILL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

31 MILL ROAD: Plot and Title Map

31 MILL ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 31 MILL 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 31 MILL 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 31 MILL ROAD?

31 MILL ROAD is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 31 on MILL ROAD.