SEA VIEW, OLD MARTELLO ROAD, PEVENSEY BAY, PEVENSEY, BN24 6DX - £975,000

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.

SEA VIEW is a very large extended detached house of 206m², built sometime between 1983 and 1990, which could now be worth an estimated £1,087,073. It was last sold for £975,000 in February 2021, which was around 80% above the average February 2021 detached price in the Wealden local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

SEA VIEW Sold Prices

Land registry data shows two sales for SEA VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two SEA VIEW 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
2021 26 FEB	£975,000	£542,426	80% above HPI
2011 18 JAN	£430,000	£357,587	20% above HPI

SEA VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two SEA VIEW sales from January 2011 and February 2021 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 January 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might SEA VIEW be worth now?

SEA VIEW might now be worth an estimated £1,087,073.

This is based on house price inflation of 11.5%, between February 2021 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% inflationary increase is applied to the most recent sale price for SEA VIEW of £975,000 on 26th February 2021. For the value to have increased from £975,000 to £1,087,073 over the four years to February 2025, the following assumptions must hold true:

• The value of SEA VIEW has moved in line with the HPI for detached houses in the Wealden local authority area.
• The February 2021 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of SEA VIEW has not materially changed since February 2021.

How Large is SEA VIEW?

SEA VIEW is 206m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses houses in Crumbles, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crumbles, and where SEA VIEW lies on this distribution: 91% of detached houses houses are smaller than SEA VIEW, and 9% of houses are larger. Note that EPC data is not available for all properties in Crumbles.

SEA VIEW: Plot and Title Map

SEA VIEW sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of SEA VIEW, 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 SEA VIEW). 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 SEA VIEW?

SEA VIEW is located on OLD MARTELLO ROAD in PEVENSEY BAY, in the BN24 postcode district. The below map shows the position of SEA VIEW on OLD MARTELLO ROAD.