11, CORAL REEF CLOSE, EASTBOURNE, BN23 5PF - £295,000

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

11 CORAL REEF CLOSE is a very small extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £447,838. It was last sold for £295,000 in August 2014, which was around 13% below the average August 2014 detached price in the Eastbourne local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

11 CORAL REEF CLOSE Sold Prices

Land registry data shows two sales for 11 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. Both of the two 11 CORAL REEF 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 12 AUG	£295,000	£340,431	13% below HPI
2001 20 DEC	£159,950	£184,114	13% below HPI

11 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 11 CORAL REEF CLOSE sales from December 2001 and August 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 December 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2014 sale, which was also at 13% below the HPI.

What might 11 CORAL REEF CLOSE be worth now?

11 CORAL REEF CLOSE might now be worth an estimated £447,838.

This is based on house price inflation of 51.8%, between August 2014 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 51.8% inflationary increase is applied to the most recent sale price for 11 CORAL REEF CLOSE of £295,000 on 12th August 2014. For the value to have increased from £295,000 to £447,838 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 11 CORAL REEF CLOSE has moved in line with the HPI for detached houses in the Eastbourne local authority area.
• The August 2014 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CORAL REEF CLOSE has not materially changed since August 2014.

How Large is 11 CORAL REEF CLOSE?

11 CORAL REEF CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% 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 11 CORAL REEF CLOSE lies on this distribution: 9% of detached houses houses are smaller than 11 CORAL REEF CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Crumbles.

11 CORAL REEF CLOSE: Plot and Title Map

11 CORAL REEF CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 11 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 11 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 11 CORAL REEF CLOSE?

11 CORAL REEF CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 11 on CORAL REEF CLOSE.