12, MAGELLAN WAY, EASTBOURNE, BN23 6RS - £410,000

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

12 MAGELLAN WAY is a midsized detached house of 119m², built sometime between 1991 and 1995. It was last sold for £410,000 in August 2018, which was around 9% below the average August 2018 detached price in the Eastbourne local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

12 MAGELLAN WAY Sold Prices

Land registry data shows two sales for 12 MAGELLAN WAY 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. One of the two 12 MAGELLAN WAY sales was for below the average price, whilst the other was for above 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
2018 29 AUG	£410,000	£448,928	9% below HPI
1998 27 NOV	£132,500	£115,378	15% above HPI

12 MAGELLAN WAY 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 12 MAGELLAN WAY sales from November 1998 and August 2018 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 November 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 MAGELLAN WAY?

12 MAGELLAN WAY is 119m² according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 12 MAGELLAN WAY lies on this distribution: 59% of detached houses are smaller than 12 MAGELLAN WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

12 MAGELLAN WAY: Plot and Title Map

12 MAGELLAN WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 12 MAGELLAN WAY, 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 MAGELLAN WAY). 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 MAGELLAN WAY?

12 MAGELLAN WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 12 on MAGELLAN WAY.