44, SHEPHERDS WAY, RINGMER, LEWES, BN8 5JE - £300,000

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.

44 SHEPHERDS WAY is a very small terraced house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £414,329. It was last sold for £300,000 in May 2015, which was around 27% above the average May 2015 terraced price in the Lewes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

44 SHEPHERDS WAY Sold Prices

Land registry data shows three sales for 44 SHEPHERDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. All of the three 44 SHEPHERDS WAY sales were for above 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
2015 26 MAY	£300,000	£236,471	27% above HPI
2008 4 JAN	£250,000	£207,694	20% above HPI
2002 4 APR	£136,000	£110,742	23% above HPI

44 SHEPHERDS WAY 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 three 44 SHEPHERDS WAY sales between April 2002 and May 2015 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 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 44 SHEPHERDS WAY be worth now?

44 SHEPHERDS WAY might now be worth an estimated £414,329.

This is based on house price inflation of 38.1%, between May 2015 and April 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 38.1% inflationary increase is applied to the most recent sale price for 44 SHEPHERDS WAY of £300,000 on 26th May 2015. For the value to have increased from £300,000 to £414,329 over the eleven years and one month to April 2026, the following assumptions must hold true:

• The value of 44 SHEPHERDS WAY has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The May 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 44 SHEPHERDS WAY has not materially changed since May 2015.

How Large is 44 SHEPHERDS WAY?

44 SHEPHERDS WAY is 94m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of terraced houses houses in Ringmer, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ringmer, and where 44 SHEPHERDS WAY lies on this distribution: 20% of terraced houses houses are smaller than 44 SHEPHERDS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

44 SHEPHERDS WAY: Plot and Title Map

44 SHEPHERDS WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 44 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 44 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 44 SHEPHERDS WAY?

44 SHEPHERDS WAY is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 44 on SHEPHERDS WAY.