5, HANOVER CLOSE, SEAFORD, BN25 2SX - £405,000

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 HANOVER CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £405,000 in February 2021, which was around 20% below the average February 2021 detached price in the Lewes local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

5 HANOVER CLOSE Sold Prices

Land registry data shows three sales for 5 HANOVER CLOSE since 1^st 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 HANOVER 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 24 FEB	£405,000	£503,586	20% below HPI
2004 15 DEC	£190,000	£299,384	37% below HPI
1995 24 NOV	£65,500	£92,739	29% below HPI

5 HANOVER 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 three 5 HANOVER CLOSE sales between November 1995 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 December 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 HANOVER CLOSE?

5 HANOVER CLOSE is 77m² according to the EPC inspection conducted in March 2019. 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 5 HANOVER CLOSE lies on this distribution: 11% of detached houses are smaller than 5 HANOVER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Seaford.

5 HANOVER CLOSE: Plot and Title Map

5 HANOVER CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 5 HANOVER 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 HANOVER 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 HANOVER CLOSE?

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