DOWNSIDE, GOTE LANE, RINGMER, LEWES, BN8 5HT - £595,000

DOWNSIDE is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £595,000 in January 2023, which was around 4% below the average January 2023 detached price in the Lewes local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

DOWNSIDE Sold Prices

Land registry data shows two sales for DOWNSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Both of the two DOWNSIDE 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
2023 19 JAN	£595,000	£618,694	4% below HPI
2008 18 SEP	£295,000	£336,062	12% below HPI

DOWNSIDE 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 two DOWNSIDE sales from September 2008 and January 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 September 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is DOWNSIDE?

DOWNSIDE is 118m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where DOWNSIDE lies on this distribution: 45% of detached houses are smaller than DOWNSIDE, and 54% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

DOWNSIDE: Plot and Title Map

DOWNSIDE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of DOWNSIDE, 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 DOWNSIDE). 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 DOWNSIDE?

DOWNSIDE is located on GOTE LANE in RINGMER, in the BN8 postcode district. The below map shows the position of DOWNSIDE on GOTE LANE.