8, SHEPHERDS WAY, SOUTH CHAILEY, LEWES, BN8 4QQ - £310,000

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 SHEPHERDS WAY is a very small terraced house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £330,679. It was last sold for £310,000 in October 2021, which was around 1% above the average October 2021 terraced price in the Lewes local authority area. The most recent EPC inspection was January 2023, where the current energy rating was F, and the potential energy rating was E.

8 SHEPHERDS WAY Sold Prices

Land registry data shows six sales for 8 SHEPHERDS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. All of the six 8 SHEPHERDS WAY 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 29 OCT	£310,000	£306,244	1% above HPI
2016 12 FEB	£310,000	£255,494	21% above HPI
2008 7 MAR	£243,000	£204,800	19% above HPI
2004 19 MAY	£221,500	£157,982	40% above HPI
2003 25 JUL	£195,000	£142,973	36% above HPI
1999 28 JUN	£123,000	£71,431	72% above HPI

8 SHEPHERDS WAY 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 six 8 SHEPHERDS WAY sales between June 1999 and October 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 February 2016 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 SHEPHERDS WAY be worth now?

8 SHEPHERDS WAY might now be worth an estimated £330,679.

This is based on house price inflation of 6.7%, between October 2021 and June 2025, 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 6.7% inflationary increase is applied to the most recent sale price for 8 SHEPHERDS WAY of £310,000 on 29th October 2021. For the value to have increased from £310,000 to £330,679 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 8 SHEPHERDS WAY has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The October 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHEPHERDS WAY has not materially changed since October 2021.

How Large is 8 SHEPHERDS WAY?

8 SHEPHERDS WAY is 86m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of terraced houses houses in South Chailey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Chailey, and where 8 SHEPHERDS WAY lies on this distribution: 16% of terraced houses houses are smaller than 8 SHEPHERDS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in South Chailey.

8 SHEPHERDS WAY: Plot and Title Map

8 SHEPHERDS WAY sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of 8 SHEPHERDS WAY, 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 SHEPHERDS WAY). 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 SHEPHERDS WAY?

8 SHEPHERDS WAY is located in SOUTH CHAILEY, in the BN8 postcode district. The below map shows the position of No. 8 on SHEPHERDS WAY.