40, SOUTH WAY, SEAFORD, BN25 4JQ - £490,000

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

40 SOUTH WAY is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £490,000 in June 2018, which was about the average June 2018 detached price in the Lewes local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

40 SOUTH WAY Sold Prices

Land registry data shows three sales for 40 SOUTH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. The three 40 SOUTH WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2018 1 JUN	£490,000	£491,954	Close to HPI
2004 30 NOV	£335,000	£298,718	12% above HPI
2001 5 DEC	£205,000	£207,197	1% below HPI

40 SOUTH 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 three 40 SOUTH WAY sales between December 2001 and June 2018 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 November 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 40 SOUTH WAY?

40 SOUTH WAY is 117m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 40 SOUTH WAY lies on this distribution: 59% of detached houses are smaller than 40 SOUTH WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Seaford.

40 SOUTH WAY: Plot and Title Map

40 SOUTH WAY sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of 40 SOUTH 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 40 SOUTH 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 40 SOUTH WAY?

40 SOUTH WAY is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 40 on SOUTH WAY.