37, THE FORGES, RINGMER, LEWES, BN8 5FA - £380,000

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.

37 THE FORGES is a small semi-detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £478,834. It was last sold for £380,000 in December 2016, which was around 19% above the average December 2016 semi-detached price in the Lewes local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

37 THE FORGES Sold Prices

Land registry data shows two sales for 37 THE FORGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. One of the two 37 THE FORGES 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
2016 8 DEC	£380,000	£319,681	19% above HPI
2004 29 JUN	£117,500	£198,064	41% below HPI

37 THE FORGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The two 37 THE FORGES sales from June 2004 and December 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 June 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 37 THE FORGES be worth now?

37 THE FORGES might now be worth an estimated £478,834.

This is based on house price inflation of 26%, between December 2016 and March 2025, for semi-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 26% inflationary increase is applied to the most recent sale price for 37 THE FORGES of £380,000 on 8th December 2016. For the value to have increased from £380,000 to £478,834 over the nine years and nine months to March 2025, the following assumptions must hold true:

• The value of 37 THE FORGES has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The December 2016 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 37 THE FORGES has not materially changed since December 2016.

How Large is 37 THE FORGES?

37 THE FORGES is 106m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of semi-detached houses houses in Ringmer, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ringmer, and where 37 THE FORGES lies on this distribution: 27% of semi-detached houses houses are smaller than 37 THE FORGES, and 73% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

37 THE FORGES: Plot and Title Map

37 THE FORGES sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 37 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 37 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 37 THE FORGES?

37 THE FORGES is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 37 on THE FORGES.