4, SHEPHERDS WAY, RINGMER, LEWES, BN8 5LS - £445,000

4 SHEPHERDS WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £445,000 in January 2021, which was around 12% below the average January 2021 detached price in the Lewes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

4 SHEPHERDS WAY Sold Prices

Land registry data shows two sales for 4 SHEPHERDS WAY 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 4 SHEPHERDS WAY 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 18 JAN	£445,000	£508,033	12% below HPI
2018 31 JAN	£335,000	£469,083	29% below HPI

4 SHEPHERDS WAY 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 4 SHEPHERDS WAY sales from January 2018 and January 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 January 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 SHEPHERDS WAY?

4 SHEPHERDS WAY is 78m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 4 SHEPHERDS WAY lies on this distribution: 4% of detached houses are smaller than 4 SHEPHERDS WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

4 SHEPHERDS WAY: Plot and Title Map

4 SHEPHERDS WAY sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 4 SHEPHERDS WAY, 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 4 SHEPHERDS WAY). 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 4 SHEPHERDS WAY?

4 SHEPHERDS WAY is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 4 on SHEPHERDS WAY.