31, ABBEY CLOSE, PEACEHAVEN, BN10 7SD - £249,950

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.

31 ABBEY CLOSE is a very small terraced house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £277,281. It was last sold for £249,950 in March 2021, which was around 15% below the average March 2021 terraced price in the Lewes local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

31 ABBEY CLOSE Sold Prices

Land registry data shows five sales for 31 ABBEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. Most of the five 31 ABBEY CLOSE 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
2021 19 MAR	£249,950	£292,926	15% below HPI
2013 30 AUG	£181,000	£218,050	17% below HPI
2002 1 AUG	£121,950	£119,250	2% above HPI
2001 19 JUL	£99,000	£103,121	4% below HPI
2000 23 JUN	£79,500	£86,359	8% below HPI

31 ABBEY CLOSE 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 five 31 ABBEY CLOSE sales between June 2000 and March 2021 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 August 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 31 ABBEY CLOSE be worth now?

31 ABBEY CLOSE might now be worth an estimated £277,281.

This is based on house price inflation of 10.9%, between March 2021 and May 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 10.9% inflationary increase is applied to the most recent sale price for 31 ABBEY CLOSE of £249,950 on 19th March 2021. For the value to have increased from £249,950 to £277,281 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 31 ABBEY CLOSE has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The March 2021 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 31 ABBEY CLOSE has not materially changed since March 2021.

How Large is 31 ABBEY CLOSE?

31 ABBEY CLOSE is 63m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of terraced houses houses in Peacehaven, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Peacehaven, and where 31 ABBEY CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 31 ABBEY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Peacehaven.

31 ABBEY CLOSE: Plot and Title Map

31 ABBEY CLOSE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 31 ABBEY CLOSE, 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 31 ABBEY CLOSE). 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 31 ABBEY CLOSE?

31 ABBEY CLOSE is located in PEACEHAVEN, in the BN10 postcode district. The below map shows the position of No. 31 on ABBEY CLOSE.