4, THE ELMS, RINGMER, LEWES, BN8 5EZ - £670,000

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.

4 THE ELMS is a large detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £778,986. It was last sold for £670,000 in August 2019, which was around 30% above the average August 2019 detached price in the Lewes local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

4 THE ELMS Sold Prices

Land registry data shows one sale for 4 THE ELMS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lewes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 23 AUG	£670,000	£513,576	30% above HPI

What might 4 THE ELMS be worth now?

4 THE ELMS might now be worth an estimated £778,986.

This is based on house price inflation of 16.3%, between August 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 16.3% inflationary increase is applied to the most recent sale price for 4 THE ELMS of £670,000 on 23rd August 2019. For the value to have increased from £670,000 to £778,986 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 4 THE ELMS has moved in line with the HPI for detached houses in the Lewes local authority area.
• The August 2019 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE ELMS has not materially changed since August 2019.

How Large is 4 THE ELMS?

4 THE ELMS is 144m² according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses in Ringmer, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmer, and where 4 THE ELMS lies on this distribution: 71% of detached houses are smaller than 4 THE ELMS, and 29% of detached houses are larger. Note that EPC data is not available for all properties in Ringmer.

4 THE ELMS: Plot

4 THE ELMS sits on a plot of roughly 0.535 of an acre, or 2,164m².

Where is 4 THE ELMS?

4 THE ELMS is located in RINGMER, in the BN8 postcode district.