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
7 MILL DRIVE is a large extended detached house of 135m², built sometime between 1930 and 1949. It was last sold for £555,000 in August 2020, which was around 13% above the average August 2020 detached price in the Lewes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 MILL DRIVE 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 7 MILL DRIVE 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 |
---|---|---|---|
2020 20 AUG | £555,000 | £492,122 | 13% above HPI |
2014 27 NOV | £470,000 | £407,625 | 15% above HPI |
1999 12 AUG | £148,000 | £138,658 | 7% above HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 7 MILL DRIVE sales between August 1999 and August 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 November 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
7 MILL DRIVE is 135m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 7 MILL DRIVE lies on this distribution: 73% of detached houses are smaller than 7 MILL DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Seaford.
7 MILL DRIVE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 7 MILL DRIVE, 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 7 MILL DRIVE). 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.
7 MILL DRIVE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 7 on MILL DRIVE.