RIDGEMOUNT, SCHOOL LANE, PYECOMBE, BRIGHTON, BN45 7FQ - £795,000

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.

RIDGEMOUNT is a very large extended detached house of 259m², built sometime between 1991 and 1995, which could now be worth an estimated £941,286. It was last sold for £795,000 in November 2020, which was around 26% above the average November 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

RIDGEMOUNT Sold Prices

Land registry data shows three sales for RIDGEMOUNT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the three RIDGEMOUNT 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 27 NOV	£795,000	£631,426	26% above HPI
2014 21 AUG	£620,000	£503,666	23% above HPI
1996 31 OCT	£205,000	£133,856	53% above HPI

RIDGEMOUNT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The three RIDGEMOUNT sales between October 1996 and November 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 August 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might RIDGEMOUNT be worth now?

RIDGEMOUNT might now be worth an estimated £941,286.

This is based on house price inflation of 18.4%, between November 2020 and February 2025, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for RIDGEMOUNT of £795,000 on 27th November 2020. For the value to have increased from £795,000 to £941,286 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of RIDGEMOUNT has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The November 2020 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEMOUNT has not materially changed since November 2020.

How Large is RIDGEMOUNT?

RIDGEMOUNT is 259m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Pyecombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pyecombe, and where RIDGEMOUNT lies on this distribution: 87% of detached houses houses are smaller than RIDGEMOUNT, and 13% of houses are larger. Note that EPC data is not available for all properties in Pyecombe.

RIDGEMOUNT: Plot and Title Map

RIDGEMOUNT sits on a plot of roughly 0.629 of an acre, or 2,547m². The below map shows the location of RIDGEMOUNT, 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 RIDGEMOUNT). 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 RIDGEMOUNT?

RIDGEMOUNT is located on SCHOOL LANE in PYECOMBE, in the BN45 postcode district. The below map shows the position of RIDGEMOUNT on SCHOOL LANE.