16, SHEPHERDS WAY, SOUTH CHAILEY, LEWES, BN8 4QQ - £350,000

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.

16 SHEPHERDS WAY is a very small terraced house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £336,515. It was last sold for £350,000 in May 2023, which was around 3% above the average May 2023 terraced price in the Lewes local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

16 SHEPHERDS WAY Sold Prices

Land registry data shows six sales for 16 SHEPHERDS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. All of the six 16 SHEPHERDS WAY 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
2023 3 MAY	£350,000	£339,763	3% above HPI
2016 7 OCT	£295,000	£266,279	11% above HPI
2012 22 MAY	£241,000	£205,745	17% above HPI
2003 15 SEP	£170,000	£143,998	18% above HPI
1999 8 DEC	£115,000	£80,736	42% above HPI
1996 29 NOV	£67,750	£53,292	27% above HPI

16 SHEPHERDS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lewes local authority area over time, sourced from the HPI. The six 16 SHEPHERDS WAY sales between November 1996 and May 2023 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 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 16 SHEPHERDS WAY be worth now?

16 SHEPHERDS WAY might now be worth an estimated £336,515.

This is based on house price deflation of 3.9%, between May 2023 and June 2025, for terraced 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 3.9% deflationary decrease is applied to the most recent sale price for 16 SHEPHERDS WAY of £350,000 on 3rd May 2023. For the value to have decreased from £350,000 to £336,515 over the one year and eleven months to June 2025, the following assumptions must hold true:

• The value of 16 SHEPHERDS WAY has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The May 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SHEPHERDS WAY has not materially changed since May 2023.

How Large is 16 SHEPHERDS WAY?

16 SHEPHERDS WAY is 79m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in South Chailey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Chailey, and where 16 SHEPHERDS WAY lies on this distribution: 5% of terraced houses houses are smaller than 16 SHEPHERDS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

16 SHEPHERDS WAY: Plot and Title Map

16 SHEPHERDS WAY sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 16 SHEPHERDS WAY, 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 16 SHEPHERDS WAY). 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 16 SHEPHERDS WAY?

16 SHEPHERDS WAY is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of No. 16 on SHEPHERDS WAY.