3, ELPHICK ROAD, RINGMER, LEWES, BN8 5PR - £285,000

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.

3 ELPHICK ROAD is a very small terraced house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £330,636. It was last sold for £285,000 in October 2019, which was around 1% above the average October 2019 terraced price in the Lewes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

3 ELPHICK ROAD Sold Prices

Land registry data shows two sales for 3 ELPHICK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. One of the two 3 ELPHICK ROAD sales was for above the average price, whilst the other was 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
2019 18 OCT	£285,000	£281,512	1% above HPI
2007 1 FEB	£188,500	£199,422	5% below HPI

3 ELPHICK ROAD 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 two 3 ELPHICK ROAD sales from February 2007 and October 2019 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 February 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 ELPHICK ROAD be worth now?

3 ELPHICK ROAD might now be worth an estimated £330,636.

This is based on house price inflation of 16%, between October 2019 and April 2026, 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 16% inflationary increase is applied to the most recent sale price for 3 ELPHICK ROAD of £285,000 on 18th October 2019. For the value to have increased from £285,000 to £330,636 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 3 ELPHICK ROAD has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The October 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELPHICK ROAD has not materially changed since October 2019.

How Large is 3 ELPHICK ROAD?

3 ELPHICK ROAD is 66m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of terraced houses houses in Broyle Side, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Broyle Side, and where 3 ELPHICK ROAD lies on this distribution: 3% of terraced houses houses are smaller than 3 ELPHICK ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Broyle Side.

3 ELPHICK ROAD: Plot and Title Map

3 ELPHICK ROAD sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 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 3 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 3 ELPHICK ROAD?

3 ELPHICK ROAD is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 3 on ELPHICK ROAD.