42, FARM CLOSE, SEAFORD, BN25 3RZ - £365,000

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

42 FARM CLOSE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £365,000 in November 2021, which was around 32% below the average November 2021 detached price in the Lewes local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was A.

42 FARM CLOSE Sold Prices

Land registry data shows two sales for 42 FARM CLOSE 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 42 FARM CLOSE 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
2021 25 NOV	£365,000	£533,189	32% below HPI
2004 24 JUN	£189,950	£279,435	32% below HPI

42 FARM CLOSE 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 42 FARM CLOSE sales from June 2004 and November 2021 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2021 sale, which was also at 32% below the HPI.

How Large is 42 FARM CLOSE?

42 FARM CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 42 FARM CLOSE lies on this distribution: 14% of detached houses are smaller than 42 FARM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Seaford.

42 FARM CLOSE: Plot and Title Map

42 FARM CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 42 FARM CLOSE, 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 42 FARM CLOSE). 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 42 FARM CLOSE?

42 FARM CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 42 on FARM CLOSE.