RAFELL, LAUGHTON ROAD, RINGMER, LEWES, BN8 5NH - £590,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RAFELL is a midsized extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £590,000 in August 2018, which was around 20% above the average August 2018 detached price in the Lewes local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

RAFELL Sold Prices

Land registry data shows two sales for RAFELL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Both of the two RAFELL 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
2018 14 AUG	£590,000	£492,993	20% above HPI
2005 14 OCT	£340,000	£302,263	12% above HPI

RAFELL 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 two RAFELL sales from October 2005 and August 2018 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is RAFELL?

RAFELL is 118m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Broyle Side, based on EPC data. The below chart shows the distribution of detached houses by size in Broyle Side, and where RAFELL lies on this distribution: 57% of detached houses are smaller than RAFELL, and 43% of houses are larger. Note that EPC data is not available for all properties in Broyle Side.

RAFELL: Plot and Title Map

RAFELL sits on a plot of roughly 0.451 of an acre, or 1,827m². The below map shows the location of RAFELL, 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 RAFELL). 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 RAFELL?

RAFELL is located on LAUGHTON ROAD in RINGMER, in the BN8 postcode district. The below map shows the position of RAFELL on LAUGHTON ROAD.