1, CORAL REEF CLOSE, EASTBOURNE, BN23 5PF - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CORAL REEF CLOSE is a midsized extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £495,498. It was last sold for £420,000 in July 2018, which was around 4% below the average July 2018 detached price in the Eastbourne local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

1 CORAL REEF CLOSE Sold Prices

Land registry data shows two sales for 1 CORAL REEF 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 Eastbourne local authority area for the corresponding sale date. One of the two 1 CORAL REEF CLOSE sales was for below the average price, whilst the other was 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
2018 10 JUL	£420,000	£438,061	4% below HPI
2000 23 JUN	£149,950	£143,579	4% above HPI

1 CORAL REEF CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastbourne local authority area over time, sourced from the HPI. The two 1 CORAL REEF CLOSE sales from June 2000 and July 2018 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 June 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 CORAL REEF CLOSE be worth now?

1 CORAL REEF CLOSE might now be worth an estimated £495,498.

This is based on house price inflation of 18%, between July 2018 and December 2024, for detached houses, in the Eastbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 1 CORAL REEF CLOSE of £420,000 on 10th July 2018. For the value to have increased from £420,000 to £495,498 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 CORAL REEF CLOSE has moved in line with the HPI for detached houses in the Eastbourne local authority area.
• The July 2018 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CORAL REEF CLOSE has not materially changed since July 2018.

How Large is 1 CORAL REEF CLOSE?

1 CORAL REEF CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in Crumbles, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crumbles, and where 1 CORAL REEF CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 CORAL REEF CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Crumbles.

1 CORAL REEF CLOSE: Plot and Title Map

1 CORAL REEF CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 CORAL REEF CLOSE, 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 1 CORAL REEF CLOSE). 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 1 CORAL REEF CLOSE?

1 CORAL REEF CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 1 on CORAL REEF CLOSE.