THRIFT COTTAGE, EDINBURGH ROAD, SEAFORD, BN25 2PH - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THRIFT COTTAGE is a large detached house of 144m², built sometime between 1950 and 1966. It was last sold for £400,000 in July 2024, which was around 31% below the average July 2024 detached price in the Lewes local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

THRIFT COTTAGE Sold Prices

Land registry data shows two sales for THRIFT COTTAGE 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 THRIFT COTTAGE 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
2024 23 JUL	£400,000	£580,639	31% below HPI
1996 10 OCT	£118,000	£100,739	17% above HPI

THRIFT COTTAGE 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 THRIFT COTTAGE sales from October 1996 and July 2024 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 1996 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THRIFT COTTAGE?

THRIFT COTTAGE is 144m² according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where THRIFT COTTAGE lies on this distribution: 79% of detached houses are smaller than THRIFT COTTAGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Seaford.

THRIFT COTTAGE: Plot and Title Map

THRIFT COTTAGE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of THRIFT COTTAGE, 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 THRIFT COTTAGE). 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 THRIFT COTTAGE?

THRIFT COTTAGE is located on EDINBURGH ROAD in SEAFORD, in the BN25 postcode district. The below map shows the position of THRIFT COTTAGE on EDINBURGH ROAD.