8, THE RIDINGS, TELSCOMBE CLIFFS, PEACEHAVEN, BN10 7EF - £240,000

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 THE RIDINGS is a very small extended terraced house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £287,982. It was last sold for £240,000 in February 2020, which was around 12% below the average February 2020 terraced price in the Lewes local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 THE RIDINGS Sold Prices

Land registry data shows six sales for 8 THE RIDINGS 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 THE RIDINGS 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
2020 14 FEB	£240,000	£272,244	12% below HPI
2011 31 MAY	£161,000	£198,775	19% below HPI
2004 12 MAR	£134,950	£155,610	13% below HPI
2003 7 MAY	£128,000	£138,270	7% below HPI
2002 30 APR	£107,000	£110,742	3% below HPI
1999 27 AUG	£66,950	£72,353	7% below HPI

8 THE RIDINGS 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 THE RIDINGS sales between August 1999 and February 2020 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 May 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 THE RIDINGS be worth now?

8 THE RIDINGS might now be worth an estimated £287,982.

This is based on house price inflation of 20%, between February 2020 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 20% inflationary increase is applied to the most recent sale price for 8 THE RIDINGS of £240,000 on 14th February 2020. For the value to have increased from £240,000 to £287,982 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 8 THE RIDINGS has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The February 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE RIDINGS has not materially changed since February 2020.

How Large is 8 THE RIDINGS?

8 THE RIDINGS is 51m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of terraced houses houses in Telscombe Cliffs, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Telscombe Cliffs, and where 8 THE RIDINGS lies on this distribution: 1% of terraced houses houses are smaller than 8 THE RIDINGS, and 99% of houses are larger. Note that EPC data is not available for all properties in Telscombe Cliffs.

8 THE RIDINGS: Plot and Title Map

8 THE RIDINGS sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 8 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

8 THE RIDINGS is located in TELSCOMBE CLIFFS, in the BN10 postcode district. The below map shows the position of No. 8 on THE RIDINGS.