CLEY HOUSE, LEWES ROAD, RINGMER, LEWES, BN8 5QF - £475,000

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.

CLEY HOUSE is a midsized extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £700,559. It was last sold for £475,000 in May 2014, which was around 20% above the average May 2014 detached price in the Lewes local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

CLEY HOUSE Sold Prices

Land registry data shows four sales for CLEY HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Most of the four CLEY HOUSE 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
2014 30 MAY	£475,000	£395,671	20% above HPI
2011 25 NOV	£460,000	£354,468	30% above HPI
2008 25 APR	£335,000	£364,821	8% below HPI
2001 3 JUL	£232,000	£211,381	10% above HPI

CLEY HOUSE 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 four CLEY HOUSE sales between July 2001 and May 2014 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 2011 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might CLEY HOUSE be worth now?

CLEY HOUSE might now be worth an estimated £700,559.

This is based on house price inflation of 47.5%, between May 2014 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 47.5% inflationary increase is applied to the most recent sale price for CLEY HOUSE of £475,000 on 30th May 2014. For the value to have increased from £475,000 to £700,559 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of CLEY HOUSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The May 2014 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of CLEY HOUSE has not materially changed since May 2014.

How Large is CLEY HOUSE?

CLEY HOUSE is 123m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringmer, and where CLEY HOUSE lies on this distribution: 51% of detached houses houses are smaller than CLEY HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

CLEY HOUSE: Plot and Title Map

CLEY HOUSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of CLEY HOUSE, 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 CLEY HOUSE). 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 CLEY HOUSE?

CLEY HOUSE is located on LEWES ROAD in RINGMER, in the BN8 postcode district. The below map shows the position of CLEY HOUSE on LEWES ROAD.