Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MAGNOLIA WALK is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £160,000 in December 2012, which was around 47% below the average December 2012 detached price in the Eastbourne local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 MAGNOLIA WALK since 1st 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. Both of the two 1 MAGNOLIA WALK 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 |
---|---|---|---|
2012 10 DEC | £160,000 | £299,407 | 47% below HPI |
1999 19 FEB | £71,000 | £115,947 | 39% below HPI |
The below graph shows the average detached house price in the Eastbourne local authority area over time, sourced from the HPI. The two 1 MAGNOLIA WALK sales from February 1999 and December 2012 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 February 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2012 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
1 MAGNOLIA WALK is 57m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 1 MAGNOLIA WALK lies on this distribution: 2% of detached houses are smaller than 1 MAGNOLIA WALK, and 98% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.
1 MAGNOLIA WALK sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 1 MAGNOLIA WALK, 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 MAGNOLIA WALK). 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.
1 MAGNOLIA WALK is located in EASTBOURNE, in the BN22 postcode district. The below map shows the position of No. 1 on MAGNOLIA WALK.