42, SPRINGETT AVENUE, RINGMER, LEWES, BN8 5QU - £575,000

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 SPRINGETT AVENUE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £575,000 in July 2023, which was around 2% below the average July 2023 detached price in the Lewes local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

42 SPRINGETT AVENUE Sold Prices

Land registry data shows four sales for 42 SPRINGETT AVENUE since 1^st 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. Most of the four 42 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
2023 3 JUL	£575,000	£587,440	2% below HPI
2019 1 NOV	£375,000	£492,446	24% below HPI
2016 31 MAR	£405,000	£454,862	11% below HPI
2002 11 OCT	£244,425	£238,625	2% above HPI

42 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 four 42 SPRINGETT AVENUE sales between October 2002 and July 2023 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 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 42 SPRINGETT AVENUE?

42 SPRINGETT AVENUE is 86m² according to the EPC inspection conducted in October 2015. 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 42 SPRINGETT AVENUE lies on this distribution: 10% of detached houses are smaller than 42 SPRINGETT AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

42 SPRINGETT AVENUE: Plot and Title Map

42 SPRINGETT AVENUE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 42 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 42 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 42 SPRINGETT AVENUE?

42 SPRINGETT AVENUE is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 42 on SPRINGETT AVENUE.