1, VERNON CLOSE, EASTBOURNE, BN23 6AN - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 VERNON CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £225,000 in June 2014, which was around 33% below the average June 2014 detached price in the Eastbourne local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

1 VERNON CLOSE Sold Prices

Land registry data shows four sales for 1 VERNON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the four 1 VERNON CLOSE 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
2014 30 JUN	£225,000	£335,688	33% below HPI
2012 2 AUG	£196,000	£304,818	36% below HPI
1996 29 MAR	£60,000	£88,378	32% below HPI
1995 7 SEP	£54,000	£83,727	36% below HPI

1 VERNON 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 four 1 VERNON CLOSE sales between September 1995 and June 2014 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 August 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 VERNON CLOSE?

1 VERNON CLOSE is 73m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% 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 VERNON CLOSE lies on this distribution: 15% of detached houses are smaller than 1 VERNON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

1 VERNON CLOSE: Plot and Title Map

1 VERNON CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 1 VERNON 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 VERNON 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 VERNON CLOSE?

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