8, FAIRLIGHT FIELD, RINGMER, LEWES, BN8 5QP - £420,000

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.

8 FAIRLIGHT FIELD is a very small terraced house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £392,432. It was last sold for £420,000 in December 2022, which was around 21% above the average December 2022 terraced price in the Lewes local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

8 FAIRLIGHT FIELD Sold Prices

Land registry data shows five sales for 8 FAIRLIGHT FIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. All of the five 8 FAIRLIGHT FIELD 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
2022 13 DEC	£420,000	£347,784	21% above HPI
2020 22 JUL	£320,000	£273,941	17% above HPI
2018 1 JUN	£295,000	£282,181	5% above HPI
2000 3 AUG	£97,500	£92,805	5% above HPI
1995 28 NOV	£53,000	£49,224	8% above HPI

8 FAIRLIGHT FIELD 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 five 8 FAIRLIGHT FIELD sales between November 1995 and December 2022 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 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 8 FAIRLIGHT FIELD be worth now?

8 FAIRLIGHT FIELD might now be worth an estimated £392,432.

This is based on house price deflation of 6.6%, between December 2022 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 6.6% deflationary decrease is applied to the most recent sale price for 8 FAIRLIGHT FIELD of £420,000 on 13th December 2022. For the value to have decreased from £420,000 to £392,432 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 FAIRLIGHT FIELD has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The December 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRLIGHT FIELD has not materially changed since December 2022.

How Large is 8 FAIRLIGHT FIELD?

8 FAIRLIGHT FIELD is 59m² according to the EPC inspection conducted in April 2018. 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 8 FAIRLIGHT FIELD lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 FAIRLIGHT FIELD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

8 FAIRLIGHT FIELD: Plot and Title Map

8 FAIRLIGHT FIELD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 8 FAIRLIGHT FIELD, 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 8 FAIRLIGHT FIELD). 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 8 FAIRLIGHT FIELD?

8 FAIRLIGHT FIELD is located in RINGMER, in the BN8 postcode district. The below map shows the position of No. 8 on FAIRLIGHT FIELD.