56, MILL ROAD, RINGMER, LEWES, BN8 5HZ - £414,000

56 MILL ROAD is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £414,000 in August 2016, which was around 10% below the average August 2016 detached price in the Lewes local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

56 MILL ROAD Sold Prices

Land registry data shows two sales for 56 MILL ROAD 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 56 MILL ROAD 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 3 AUG	£414,000	£458,916	10% below HPI
1999 27 JUL	£123,500	£137,157	10% below HPI

56 MILL ROAD 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 56 MILL ROAD sales from July 1999 and August 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 July 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2016 sale, which was also at 10% below the HPI.

How Large is 56 MILL ROAD?

56 MILL ROAD is 110m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 56 MILL ROAD lies on this distribution: 34% of detached houses are smaller than 56 MILL ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

56 MILL ROAD: Plot and Title Map

56 MILL ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 56 MILL ROAD, 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 56 MILL ROAD). 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 56 MILL ROAD?

56 MILL ROAD is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 56 on MILL ROAD.