7, LANGRIDGES CLOSE, NEWICK, LEWES, BN8 4LZ - £625,000

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.

7 LANGRIDGES CLOSE is a midsized detached house of 148m², built sometime between 1996 and 2002, which could now be worth an estimated £702,417. It was last sold for £625,000 in March 2021, which was around 17% above the average March 2021 detached price in the Lewes local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

7 LANGRIDGES CLOSE Sold Prices

Land registry data shows four sales for 7 LANGRIDGES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four 7 LANGRIDGES CLOSE 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
2021 1 MAR	£625,000	£533,008	17% above HPI
2013 18 NOV	£460,000	£391,743	17% above HPI
2005 19 DEC	£410,000	£316,174	30% above HPI
2002 19 JUL	£318,000	£239,664	33% above HPI

7 LANGRIDGES CLOSE 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 four 7 LANGRIDGES CLOSE sales between July 2002 and March 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 November 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, which was also at 17% above the HPI.

What might 7 LANGRIDGES CLOSE be worth now?

7 LANGRIDGES CLOSE might now be worth an estimated £702,417.

This is based on house price inflation of 12.4%, between March 2021 and June 2025, for 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 12.4% inflationary increase is applied to the most recent sale price for 7 LANGRIDGES CLOSE of £625,000 on 1st March 2021. For the value to have increased from £625,000 to £702,417 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 7 LANGRIDGES CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The March 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LANGRIDGES CLOSE has not materially changed since March 2021.

How Large is 7 LANGRIDGES CLOSE?

7 LANGRIDGES CLOSE is 148m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses houses in Newick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newick, and where 7 LANGRIDGES CLOSE lies on this distribution: 55% of detached houses houses are smaller than 7 LANGRIDGES CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Newick.

7 LANGRIDGES CLOSE: Plot and Title Map

7 LANGRIDGES CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 7 LANGRIDGES 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 7 LANGRIDGES 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 7 LANGRIDGES CLOSE?

7 LANGRIDGES CLOSE is located in NEWICK, in the BN8 postcode district. The below map shows the position of No. 7 on LANGRIDGES CLOSE.