NOUGHT, CHURCH HILL, RINGMER, LEWES, BN8 5JX - £540,000

NOUGHT is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £540,000 in December 2012, which was around 51% above the average December 2012 detached price in the Lewes local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

NOUGHT Sold Prices

Land registry data shows two sales for NOUGHT 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 NOUGHT 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
2012 7 DEC	£540,000	£357,274	51% above HPI
2008 2 DEC	£440,000	£311,674	41% above HPI

NOUGHT 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 NOUGHT sales from December 2008 and December 2012 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 December 2008 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2012 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is NOUGHT?

NOUGHT is 85m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where NOUGHT lies on this distribution: 9% of detached houses are smaller than NOUGHT, and 91% of houses are larger. Note that EPC data is not available for all properties in Ringmer.

NOUGHT: Plot and Title Map

NOUGHT sits on a plot of roughly 0.937 of an acre, or 3,791m². The below map shows the location of NOUGHT, 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 NOUGHT). 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 NOUGHT?

NOUGHT is located on CHURCH HILL in RINGMER, in the BN8 postcode district. The below map shows the position of NOUGHT on CHURCH HILL.