1, MICHEL CLOSE, EAST DEAN, EASTBOURNE, BN20 0JS - £557,000

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 MICHEL CLOSE is a midsized extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £557,000 in July 2020, which was around 13% above the average July 2020 detached price in the Wealden local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

1 MICHEL CLOSE Sold Prices

Land registry data shows three sales for 1 MICHEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Two of the three 1 MICHEL CLOSE sales were for above the average price, whilst one was 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
2020 29 JUL	£557,000	£493,125	13% above HPI
2009 30 OCT	£375,000	£340,108	10% above HPI
2004 13 DEC	£275,000	£312,260	12% below HPI

1 MICHEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 1 MICHEL CLOSE sales between December 2004 and July 2020 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 October 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 MICHEL CLOSE?

1 MICHEL CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Friston, based on EPC data. The below chart shows the distribution of detached houses by size in Friston, and where 1 MICHEL CLOSE lies on this distribution: 53% of detached houses are smaller than 1 MICHEL CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Friston.

1 MICHEL CLOSE: Plot and Title Map

1 MICHEL CLOSE sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 1 MICHEL 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 MICHEL 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 MICHEL CLOSE?

1 MICHEL CLOSE is located in EAST DEAN, in the BN20 postcode district. The below map shows the position of No. 1 on MICHEL CLOSE.