5, CORSICA CLOSE, SEAFORD, BN25 1BL - £665,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CORSICA CLOSE is a very large extended detached house of 166m², built sometime between 1967 and 1975, which could now be worth an estimated £726,555. It was last sold for £665,000 in February 2021, which was around 25% above the average February 2021 detached price in the Lewes local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

5 CORSICA CLOSE Sold Prices

Land registry data shows two sales for 5 CORSICA 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 5 CORSICA CLOSE sales were for above 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 4 FEB	£665,000	£534,120	25% above HPI
1999 19 NOV	£195,000	£163,161	20% above HPI

5 CORSICA 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 5 CORSICA CLOSE sales from November 1999 and February 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 November 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 CORSICA CLOSE be worth now?

5 CORSICA CLOSE might now be worth an estimated £726,555.

This is based on house price inflation of 9.3%, between February 2021 and February 2025, for detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for 5 CORSICA CLOSE of £665,000 on 4th February 2021. For the value to have increased from £665,000 to £726,555 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 CORSICA CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The February 2021 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CORSICA CLOSE has not materially changed since February 2021.

How Large is 5 CORSICA CLOSE?

5 CORSICA CLOSE is 166m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaford, and where 5 CORSICA CLOSE lies on this distribution: 88% of detached houses houses are smaller than 5 CORSICA CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Seaford.

5 CORSICA CLOSE: Plot and Title Map

5 CORSICA CLOSE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 5 CORSICA 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 5 CORSICA 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 5 CORSICA CLOSE?

5 CORSICA CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 5 on CORSICA CLOSE.