7, MILL DRIVE, SEAFORD, BN25 3NU - £555,000

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.

7 MILL DRIVE is a large extended detached house of 135m², built sometime between 1930 and 1949, which could now be worth an estimated £620,498. It was last sold for £555,000 in August 2020, which was around 6% 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.

7 MILL DRIVE Sold Prices

Land registry data shows three sales for 7 MILL DRIVE 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 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	£521,961	6% above HPI
2014 27 NOV	£470,000	£432,341	9% above HPI
1999 12 AUG	£148,000	£147,065	1% above HPI

7 MILL DRIVE 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 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 7 MILL DRIVE be worth now?

7 MILL DRIVE might now be worth an estimated £620,498.

This is based on house price inflation of 11.8%, between August 2020 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 11.8% inflationary increase is applied to the most recent sale price for 7 MILL DRIVE of £555,000 on 20th August 2020. For the value to have increased from £555,000 to £620,498 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 7 MILL DRIVE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The August 2020 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILL DRIVE has not materially changed since August 2020.

How Large is 7 MILL DRIVE?

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 houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaford, and where 7 MILL DRIVE lies on this distribution: 73% of detached houses 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: Plot and Title Map

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.

Where is 7 MILL DRIVE?

7 MILL DRIVE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 7 on MILL DRIVE.