12, ELPHICK ROAD, RINGMER, LEWES, BN8 5PR - £240,000

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.

12 ELPHICK ROAD is a very small semi-detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £336,069. It was last sold for £240,000 in December 2014, which was around 16% below the average December 2014 semi-detached price in the Lewes local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

12 ELPHICK ROAD Sold Prices

Land registry data shows four sales for 12 ELPHICK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. All of the four 12 ELPHICK ROAD 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
2014 5 DEC	£240,000	£286,954	16% below HPI
2004 4 JUN	£185,000	£198,064	7% below HPI
2000 1 JUN	£95,000	£110,531	14% below HPI
1998 30 APR	£28,500	£79,032	64% below HPI

12 ELPHICK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The four 12 ELPHICK ROAD sales between April 1998 and December 2014 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 June 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 ELPHICK ROAD be worth now?

12 ELPHICK ROAD might now be worth an estimated £336,069.

This is based on house price inflation of 40%, between December 2014 and April 2026, for semi-detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for 12 ELPHICK ROAD of £240,000 on 5th December 2014. For the value to have increased from £240,000 to £336,069 over the twelve years and eight months to April 2026, the following assumptions must hold true:

• The value of 12 ELPHICK ROAD has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The December 2014 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELPHICK ROAD has not materially changed since December 2014.

How Large is 12 ELPHICK ROAD?

12 ELPHICK ROAD is 77m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of semi-detached houses houses in Broyle Side, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Broyle Side, and where 12 ELPHICK ROAD lies on this distribution: 14% of semi-detached houses houses are smaller than 12 ELPHICK ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Broyle Side.

12 ELPHICK ROAD: Plot and Title Map

12 ELPHICK ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 12 ELPHICK ROAD, 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 12 ELPHICK ROAD). 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 12 ELPHICK ROAD?

12 ELPHICK ROAD is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 12 on ELPHICK ROAD.