Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 FARM CLOSE is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £370,000 in January 2020, which was around 24% below the average January 2020 detached price in the Lewes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 FARM CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three 5 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 |
---|---|---|---|
2020 16 JAN | £370,000 | £486,701 | 24% below HPI |
2014 30 MAY | £275,000 | £373,052 | 26% below HPI |
2003 28 NOV | £205,000 | £275,199 | 26% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 5 FARM CLOSE sales between November 2003 and January 2020 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 May 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
5 FARM CLOSE is 107m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 5 FARM CLOSE lies on this distribution: 49% of detached houses are smaller than 5 FARM CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Seaford.
5 FARM CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 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 5 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.
5 FARM CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 5 on FARM CLOSE.