THE COTTAGE, GROVE ROAD, SEAFORD, BN25 1TP - £290,000

THE COTTAGE is a very small detached house of 56m², built sometime between 1930 and 1949. It was last sold for £290,000 in November 2019, which was around 41% below the average November 2019 detached price in the Lewes local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the four THE COTTAGE 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 1 NOV	£290,000	£492,446	41% below HPI
2014 30 MAY	£237,000	£373,052	36% below HPI
2006 31 OCT	£222,000	£314,150	29% below HPI
2000 25 AUG	£126,500	£181,228	30% below HPI

THE COTTAGE 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 four THE COTTAGE sales between August 2000 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 May 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 56m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Seaford, based on EPC data. The below chart shows the distribution of detached houses by size in Seaford, and where THE COTTAGE lies on this distribution: 1% of detached houses are smaller than THE COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Seaford.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of THE COTTAGE, 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 THE COTTAGE). 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 THE COTTAGE?

THE COTTAGE is located on GROVE ROAD in SEAFORD, in the BN25 postcode district. The below map shows the position of THE COTTAGE on GROVE ROAD.