4, BISHOPS LANE, RINGMER, LEWES, BN8 5LB - £535,000

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.

4 BISHOPS LANE is a large extended detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £579,630. It was last sold for £535,000 in November 2020, which was around 1% below the average November 2020 detached price in the Lewes local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

4 BISHOPS LANE Sold Prices

Land registry data shows two sales for 4 BISHOPS LANE since 1^st 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. One of the two 4 BISHOPS LANE 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
2020 19 NOV	£535,000	£538,627	1% below HPI
2002 28 JUN	£285,000	£234,290	22% above HPI

4 BISHOPS LANE 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 two 4 BISHOPS LANE sales from June 2002 and November 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 June 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 BISHOPS LANE be worth now?

4 BISHOPS LANE might now be worth an estimated £579,630.

This is based on house price inflation of 8.3%, between November 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 8.3% inflationary increase is applied to the most recent sale price for 4 BISHOPS LANE of £535,000 on 19th November 2020. For the value to have increased from £535,000 to £579,630 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 BISHOPS LANE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The November 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BISHOPS LANE has not materially changed since November 2020.

How Large is 4 BISHOPS LANE?

4 BISHOPS LANE is 157m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% 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 4 BISHOPS LANE lies on this distribution: 78% of detached houses houses are smaller than 4 BISHOPS LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

4 BISHOPS LANE: Plot and Title Map

4 BISHOPS LANE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 4 BISHOPS LANE, 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 4 BISHOPS LANE). 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 4 BISHOPS LANE?

4 BISHOPS LANE is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 4 on BISHOPS LANE.