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
41 RICHINGTON WAY is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £297,500 in May 2012, which was around 15% below the average May 2012 detached price in the Lewes local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 41 RICHINGTON WAY since 1st 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 41 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 |
---|---|---|---|
2012 31 MAY | £297,500 | £351,071 | 15% below HPI |
2007 23 APR | £276,900 | £329,625 | 16% below HPI |
1997 3 OCT | £77,500 | £116,997 | 34% below HPI |
1997 21 MAR | £47,600 | £100,912 | 53% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The four 41 RICHINGTON WAY sales between March 1997 and May 2012 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 April 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2012 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
41 RICHINGTON WAY is 133m², which includes two extensions, according to the EPC inspection conducted in December 2011. This puts it in the largest 30% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 41 RICHINGTON WAY lies on this distribution: 73% of detached houses are smaller than 41 RICHINGTON WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Seaford.
41 RICHINGTON WAY sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 41 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 41 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.
41 RICHINGTON WAY is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 41 on RICHINGTON WAY.