32, SPRINGETT AVENUE, RINGMER, LEWES, BN8 5HE - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 SPRINGETT AVENUE is a very small detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £437,845. It was last sold for £400,000 in September 2020, which was around 25% 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.

32 SPRINGETT AVENUE Sold Prices

Land registry data shows five sales for 32 SPRINGETT AVENUE since 1^st 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. All 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	£533,120	25% below HPI
2011 2 DEC	£307,500	£353,112	13% below HPI
2007 20 AUG	£327,000	£375,232	13% below HPI
1997 30 DEC	£121,950	£126,694	4% below HPI
1995 18 AUG	£85,000	£102,027	17% below HPI

32 SPRINGETT AVENUE 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 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 32 SPRINGETT AVENUE be worth now?

32 SPRINGETT AVENUE might now be worth an estimated £437,845.

This is based on house price inflation of 9.5%, between September 2020 and February 2025, 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 9.5% inflationary increase is applied to the most recent sale price for 32 SPRINGETT AVENUE of £400,000 on 11th September 2020. For the value to have increased from £400,000 to £437,845 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 32 SPRINGETT AVENUE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The September 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SPRINGETT AVENUE has not materially changed since September 2020.

How Large is 32 SPRINGETT AVENUE?

32 SPRINGETT AVENUE is 93m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% 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 32 SPRINGETT AVENUE lies on this distribution: 17% of detached houses 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: Plot and Title Map

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.

Where is 32 SPRINGETT AVENUE?

32 SPRINGETT AVENUE is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 32 on SPRINGETT AVENUE.