8, FREELAND CLOSE, SEAFORD, BN25 2SZ - £375,000

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

8 FREELAND CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £375,000 in December 2020, which was around 26% below the average December 2020 detached price in the Lewes local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 FREELAND CLOSE Sold Prices

Land registry data shows three sales for 8 FREELAND 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 8 FREELAND 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 10 DEC	£375,000	£506,054	26% below HPI
2016 21 OCT	£350,000	£462,917	24% below HPI
2006 2 JUN	£190,000	£311,696	39% below HPI

8 FREELAND 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 8 FREELAND CLOSE sales between June 2006 and December 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 October 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 FREELAND CLOSE?

8 FREELAND CLOSE is 68m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where 8 FREELAND CLOSE lies on this distribution: 5% of detached houses are smaller than 8 FREELAND CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Seaford.

8 FREELAND CLOSE: Plot and Title Map

8 FREELAND CLOSE sits on a plot of roughly 0.145 of an acre, or 589m². The below map shows the location of 8 FREELAND 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 8 FREELAND 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 8 FREELAND CLOSE?

8 FREELAND CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 8 on FREELAND CLOSE.