38, RICHINGTON WAY, SEAFORD, BN25 3HU - £350,000

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

38 RICHINGTON WAY is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2022, which was around 39% below the average August 2022 detached price in the Lewes local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

38 RICHINGTON WAY Sold Prices

Land registry data shows four sales for 38 RICHINGTON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four 38 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
2022 8 AUG	£350,000	£576,457	39% below HPI
2017 16 JUN	£294,950	£461,800	36% below HPI
2011 13 OCT	£193,000	£342,684	44% below HPI
2007 10 JAN	£188,000	£327,226	43% below HPI

38 RICHINGTON WAY 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 four 38 RICHINGTON WAY sales between January 2007 and August 2022 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 June 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 38 RICHINGTON WAY?

38 RICHINGTON WAY is 57m² according to the EPC inspection conducted in February 2022. 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 38 RICHINGTON WAY lies on this distribution: 1% of detached houses are smaller than 38 RICHINGTON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Seaford.

38 RICHINGTON WAY: Plot and Title Map

38 RICHINGTON WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 38 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 38 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.

Where is 38 RICHINGTON WAY?

38 RICHINGTON WAY is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 38 on RICHINGTON WAY.