18, SHEPHERDS CLOSE, RINGMER, LEWES, BN8 5LU - £344,950

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.

18 SHEPHERDS CLOSE is a detached house, which could now be worth an estimated £562,401. It was last sold for £344,950 in July 2007, which was around 6% below the average July 2007 detached price in the Lewes local authority area.

18 SHEPHERDS CLOSE Sold Prices

Land registry data shows two sales for 18 SHEPHERDS CLOSE 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 18 SHEPHERDS CLOSE 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
2007 2 JUL	£344,950	£367,711	6% below HPI
1998 14 AUG	£136,950	£137,763	1% below HPI

What might 18 SHEPHERDS CLOSE be worth now?

18 SHEPHERDS CLOSE might now be worth an estimated £562,401.

This is based on house price inflation of 63%, between July 2007 and April 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 63% inflationary increase is applied to the most recent sale price for 18 SHEPHERDS CLOSE of £344,950 on 2nd July 2007. For the value to have increased from £344,950 to £562,401 over the nineteen years and three months to April 2026, the following assumptions must hold true:

• The value of 18 SHEPHERDS CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The July 2007 sale price of £344,950 represented a fair market value for the property.
• The size, condition, and specification of 18 SHEPHERDS CLOSE has not materially changed since July 2007.

Where is 18 SHEPHERDS CLOSE?

18 SHEPHERDS CLOSE is located in RINGMER, in the BN8 postcode district.