12, CHICHESTER CLOSE, EASTBOURNE, BN22 0JN - £275,000

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

12 CHICHESTER CLOSE is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £275,000 in May 2015, which was around 32% below the average May 2015 detached price in the Wealden local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

12 CHICHESTER CLOSE Sold Prices

Land registry data shows two sales for 12 CHICHESTER 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 Wealden local authority area for the corresponding sale date. Both of the two 12 CHICHESTER 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
2015 29 MAY	£275,000	£404,037	32% below HPI
2005 24 JUN	£189,950	£316,843	40% below HPI

12 CHICHESTER 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 two 12 CHICHESTER CLOSE sales from June 2005 and May 2015 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 CHICHESTER CLOSE?

12 CHICHESTER CLOSE is 87m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Willingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Willingdon, and where 12 CHICHESTER CLOSE lies on this distribution: 31% of detached houses are smaller than 12 CHICHESTER CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Willingdon.

12 CHICHESTER CLOSE: Plot and Title Map

12 CHICHESTER CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 12 CHICHESTER 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 12 CHICHESTER 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 12 CHICHESTER CLOSE?

12 CHICHESTER CLOSE is located in EASTBOURNE, in the BN22 postcode district. The below map shows the position of No. 12 on CHICHESTER CLOSE.