6, FOLKESTONE CLOSE, SEAFORD, BN25 3LE - £245,000

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.

6 FOLKESTONE CLOSE is a very small detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £312,786. It was last sold for £245,000 in October 2015, which was around 46% below the average October 2015 detached price in the Lewes local authority area. The most recent EPC inspection was November 2015, where the current energy rating was F, and the potential energy rating was C.

6 FOLKESTONE CLOSE Sold Prices

Land registry data shows three sales for 6 FOLKESTONE 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 6 FOLKESTONE 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
2015 23 OCT	£245,000	£457,093	46% below HPI
2008 30 APR	£195,000	£364,821	47% below HPI
2003 6 JUN	£163,000	£281,023	42% below HPI

6 FOLKESTONE 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 6 FOLKESTONE CLOSE sales between June 2003 and October 2015 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 April 2008 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2015 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 6 FOLKESTONE CLOSE be worth now?

6 FOLKESTONE CLOSE might now be worth an estimated £312,786.

This is based on house price inflation of 27.7%, between October 2015 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 27.7% inflationary increase is applied to the most recent sale price for 6 FOLKESTONE CLOSE of £245,000 on 23rd October 2015. For the value to have increased from £245,000 to £312,786 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 FOLKESTONE CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The October 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FOLKESTONE CLOSE has not materially changed since October 2015.

How Large is 6 FOLKESTONE CLOSE?

6 FOLKESTONE CLOSE is 57m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 6 FOLKESTONE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 6 FOLKESTONE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Seaford.

6 FOLKESTONE CLOSE: Plot and Title Map

6 FOLKESTONE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 6 FOLKESTONE 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 6 FOLKESTONE 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 6 FOLKESTONE CLOSE?

6 FOLKESTONE CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 6 on FOLKESTONE CLOSE.