31, THE FORGES, RINGMER, LEWES, BN8 5FA - £325,000

31 THE FORGES is a very small detached house of 93m², built sometime between 2003 and 2006. It was last sold for £325,000 in September 2016, which was around 29% below the average September 2016 detached price in the Lewes local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

31 THE FORGES Sold Prices

Land registry data shows two sales for 31 THE FORGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Both of the two 31 THE FORGES 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
2016 2 SEP	£325,000	£458,176	29% below HPI
2006 31 MAY	£299,950	£305,098	2% below HPI

31 THE FORGES 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 two 31 THE FORGES sales from May 2006 and September 2016 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 May 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 31 THE FORGES?

31 THE FORGES is 93m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 31 THE FORGES lies on this distribution: 18% of detached houses are smaller than 31 THE FORGES, and 82% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

31 THE FORGES: Plot and Title Map

31 THE FORGES sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 31 THE FORGES, 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 THE FORGES). 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 THE FORGES?

31 THE FORGES is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 31 on THE FORGES.