56, SPRINGETT AVENUE, RINGMER, LEWES, BN8 5QU - £320,000

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.

56 SPRINGETT AVENUE is a very small terraced house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £322,062. It was last sold for £320,000 in December 2023, which was around 1% below the average December 2023 terraced price in the Lewes local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

56 SPRINGETT AVENUE Sold Prices

Land registry data shows two sales for 56 SPRINGETT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. One of the two 56 SPRINGETT AVENUE sales was for below the average price, whilst the other was roughly equal to 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 19 DEC	£320,000	£322,875	1% below HPI
2006 5 JUN	£185,000	£184,114	Close to HPI

56 SPRINGETT AVENUE 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 two 56 SPRINGETT AVENUE sales from June 2006 and December 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 June 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 56 SPRINGETT AVENUE be worth now?

56 SPRINGETT AVENUE might now be worth an estimated £322,062.

This is based on house price inflation of 0.6%, between December 2023 and May 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 0.6% inflationary increase is applied to the most recent sale price for 56 SPRINGETT AVENUE of £320,000 on 19th December 2023. For the value to have increased from £320,000 to £322,062 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 56 SPRINGETT AVENUE has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The December 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 56 SPRINGETT AVENUE has not materially changed since December 2023.

How Large is 56 SPRINGETT AVENUE?

56 SPRINGETT AVENUE is 75m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 56 SPRINGETT AVENUE lies on this distribution: 3% of terraced houses houses are smaller than 56 SPRINGETT AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

56 SPRINGETT AVENUE: Plot and Title Map

56 SPRINGETT AVENUE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 56 SPRINGETT AVENUE, 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 SPRINGETT AVENUE). 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 SPRINGETT AVENUE?

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