GANNET COTTAGE, SOUTH STREET, SEAFORD, BN25 1HS - £290,000

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

GANNET COTTAGE is a small extended detached house of 86m², built sometime before 1900. It was last sold for £290,000 in March 2022, which was around 50% below the average March 2022 detached price in the Lewes local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

GANNET COTTAGE Sold Prices

Land registry data shows five sales for GANNET COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the five GANNET COTTAGE 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
2022 18 MAR	£290,000	£576,480	50% below HPI
2006 18 APR	£189,950	£297,403	36% below HPI
2002 23 AUG	£148,500	£228,422	35% below HPI
2000 3 MAR	£77,500	£160,869	52% below HPI
1998 29 JAN	£68,000	£116,402	42% below HPI

GANNET COTTAGE 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 five GANNET COTTAGE sales between January 1998 and March 2022 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 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is GANNET COTTAGE?

GANNET COTTAGE is 86m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 GANNET COTTAGE lies on this distribution: 23% of detached houses are smaller than GANNET COTTAGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Seaford.

GANNET COTTAGE: Plot and Title Map

GANNET COTTAGE sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of GANNET COTTAGE, 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 GANNET COTTAGE). 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 GANNET COTTAGE?

GANNET COTTAGE is located on SOUTH STREET in SEAFORD, in the BN25 postcode district. The below map shows the position of GANNET COTTAGE on SOUTH STREET.