40, SPRINGETT AVENUE, RINGMER, LEWES, BN8 5QU - £410,000

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

40 SPRINGETT AVENUE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £410,000 in March 2024, which was around 25% below the average March 2024 detached price in the Lewes local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

40 SPRINGETT AVENUE Sold Prices

Land registry data shows two sales for 40 SPRINGETT AVENUE 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. Both of the two 40 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
2024 12 MAR	£410,000	£549,832	25% below HPI
2008 7 JAN	£280,000	£353,052	21% below HPI

40 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 two 40 SPRINGETT AVENUE sales from January 2008 and March 2024 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 January 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 SPRINGETT AVENUE?

40 SPRINGETT AVENUE is 85m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 40 SPRINGETT AVENUE lies on this distribution: 9% of detached houses are smaller than 40 SPRINGETT AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

40 SPRINGETT AVENUE: Plot and Title Map

40 SPRINGETT AVENUE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 40 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 40 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 40 SPRINGETT AVENUE?

40 SPRINGETT AVENUE is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 40 on SPRINGETT AVENUE.