THE CHAPEL, LEWES ROAD, RINGMER, LEWES, BN8 5QF - £415,000

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

THE CHAPEL is a midsized extended detached house of 129m², built sometime between 1900 and 1929. It was last sold for £415,000 in January 2017, which was around 8% below the average January 2017 detached price in the Lewes local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

THE CHAPEL Sold Prices

Land registry data shows two sales for THE CHAPEL 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. One of the two THE CHAPEL sales was for below the average price, whilst the other was 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
2017 27 JAN	£415,000	£449,196	8% below HPI
1996 8 NOV	£120,000	£101,281	18% above HPI

THE CHAPEL 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 THE CHAPEL sales from November 1996 and January 2017 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 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE CHAPEL?

THE CHAPEL is 129m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where THE CHAPEL lies on this distribution: 58% of detached houses are smaller than THE CHAPEL, and 42% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

THE CHAPEL: Plot and Title Map

THE CHAPEL sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of THE CHAPEL, 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 THE CHAPEL). 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 THE CHAPEL?

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