48, FARM CLOSE, SEAFORD, BN25 3RZ - £390,000

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.

48 FARM CLOSE is a very small semi-detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £373,325. It was last sold for £390,000 in July 2023, which was around 5% below the average July 2023 semi-detached price in the Lewes local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

48 FARM CLOSE Sold Prices

Land registry data shows two sales for 48 FARM CLOSE 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. Both of the two 48 FARM 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
2023 28 JUL	£390,000	£412,328	5% below HPI
2016 22 FEB	£285,000	£312,594	9% below HPI

48 FARM CLOSE 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 48 FARM CLOSE sales from February 2016 and July 2023 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 February 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 48 FARM CLOSE be worth now?

48 FARM CLOSE might now be worth an estimated £373,325.

This is based on house price deflation of 4.3%, between July 2023 and February 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 4.3% deflationary decrease is applied to the most recent sale price for 48 FARM CLOSE of £390,000 on 28th July 2023. For the value to have decreased from £390,000 to £373,325 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 48 FARM CLOSE has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The July 2023 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 48 FARM CLOSE has not materially changed since July 2023.

How Large is 48 FARM CLOSE?

48 FARM CLOSE is 71m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Seaford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Seaford, and where 48 FARM CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 48 FARM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Seaford.

48 FARM CLOSE: Plot and Title Map

48 FARM CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 48 FARM 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 48 FARM 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 48 FARM CLOSE?

48 FARM CLOSE is located in SEAFORD, in the BN25 postcode district. The below map shows the position of No. 48 on FARM CLOSE.