Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
32 SPRINGETT AVENUE is a very small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £400,000 in September 2020, which was around 20% below the average September 2020 detached price in the Lewes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 32 SPRINGETT AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Most of the five 32 SPRINGETT AVENUE 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 |
---|---|---|---|
2020 11 SEP | £400,000 | £502,643 | 20% below HPI |
2011 2 DEC | £307,500 | £332,926 | 8% below HPI |
2007 20 AUG | £327,000 | £353,781 | 8% below HPI |
1997 30 DEC | £121,950 | £119,451 | 2% above HPI |
1995 18 AUG | £85,000 | £96,194 | 12% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The five 32 SPRINGETT AVENUE sales between August 1995 and September 2020 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 December 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
32 SPRINGETT AVENUE is 93m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 32 SPRINGETT AVENUE lies on this distribution: 17% of detached houses are smaller than 32 SPRINGETT AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ringmer.
32 SPRINGETT AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 32 SPRINGETT AVENUE, 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 32 SPRINGETT AVENUE). 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.
32 SPRINGETT AVENUE is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 32 on SPRINGETT AVENUE.