SELHURST, STRAWLANDS, PLUMPTON GREEN, LEWES, BN7 3DB - £487,500

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.

SELHURST is a small extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £557,328. It was last sold for £487,500 in November 2019, which was around 7% below the average November 2019 detached price in the Lewes local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

SELHURST Sold Prices

Land registry data shows two sales for SELHURST 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 SELHURST 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
2019 25 NOV	£487,500	£522,304	7% below HPI
2002 14 JAN	£60,000	£221,926	73% below HPI

SELHURST 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 SELHURST sales from January 2002 and November 2019 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 January 2002 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the November 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might SELHURST be worth now?

SELHURST might now be worth an estimated £557,328.

This is based on house price inflation of 14.3%, between November 2019 and May 2026, for detached 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 14.3% inflationary increase is applied to the most recent sale price for SELHURST of £487,500 on 25th November 2019. For the value to have increased from £487,500 to £557,328 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of SELHURST has moved in line with the HPI for detached houses in the Lewes local authority area.
• The November 2019 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of SELHURST has not materially changed since November 2019.

How Large is SELHURST?

SELHURST is 110m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Plumpton Green, based on EPC data. The below chart shows the distribution of detached houses by size in Plumpton Green, and where SELHURST lies on this distribution: 28% of detached houses are smaller than SELHURST, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Plumpton Green.