3, THE RIDINGS, SEAFORD, BN25 3HW - £355,000

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 THE RIDINGS is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £397,908. It was last sold for £355,000 in December 2019, which was around 32% below the average December 2019 detached price in the Lewes local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

3 THE RIDINGS Sold Prices

Land registry data shows three sales for 3 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three 3 THE RIDINGS 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
2019 13 DEC	£355,000	£520,633	32% below HPI
2005 24 JUN	£225,000	£316,774	29% below HPI
2002 12 APR	£158,000	£225,697	30% below HPI

3 THE RIDINGS 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 three 3 THE RIDINGS sales between April 2002 and December 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 June 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 THE RIDINGS be worth now?

3 THE RIDINGS might now be worth an estimated £397,908.

This is based on house price inflation of 12.1%, between December 2019 and February 2025, for 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 12.1% inflationary increase is applied to the most recent sale price for 3 THE RIDINGS of £355,000 on 13th December 2019. For the value to have increased from £355,000 to £397,908 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 THE RIDINGS has moved in line with the HPI for detached houses in the Lewes local authority area.
• The December 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE RIDINGS has not materially changed since December 2019.

How Large is 3 THE RIDINGS?

3 THE RIDINGS is 79m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaford, and where 3 THE RIDINGS lies on this distribution: 13% of detached houses houses are smaller than 3 THE RIDINGS, and 86% of houses are larger. Note that EPC data is not available for all properties in Seaford.

3 THE RIDINGS: Plot and Title Map

3 THE RIDINGS sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 3 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

3 THE RIDINGS is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 3 on THE RIDINGS.