THE RETREAT, GUARDSWELL PLACE, SEAFORD, BN25 1SD - £540,000

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 RETREAT is a very small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £540,000 in June 2022, which was around 6% below the average June 2022 detached price in the Lewes local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

THE RETREAT Sold Prices

Land registry data shows two sales for THE RETREAT 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 THE RETREAT 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 8 JUN	£540,000	£574,027	6% below HPI
2008 10 OCT	£195,000	£330,621	41% below HPI

THE RETREAT 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 RETREAT sales from October 2008 and June 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 October 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE RETREAT?

THE RETREAT is 83m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where THE RETREAT lies on this distribution: 19% of detached houses are smaller than THE RETREAT, and 80% of houses are larger. Note that EPC data is not available for all properties in Seaford.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on GUARDSWELL PLACE in SEAFORD, in the BN25 postcode district. The below map shows the position of THE RETREAT on GUARDSWELL PLACE.