15, SHANNON WAY, EASTBOURNE, BN23 6UA - £159,000

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

15 SHANNON WAY is a very small detached house of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £237,662. It was last sold for £159,000 in January 2015, which was around 54% below the average January 2015 detached price in the Eastbourne local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was B.

15 SHANNON WAY Sold Prices

Land registry data shows three sales for 15 SHANNON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the three 15 SHANNON WAY 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 30 JAN	£159,000	£345,752	54% below HPI
2014 31 JAN	£124,950	£323,443	61% below HPI
2001 26 JUN	£65,000	£171,651	62% below HPI

15 SHANNON 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 three 15 SHANNON WAY sales between June 2001 and January 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 January 2014 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the January 2015 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 15 SHANNON WAY be worth now?

15 SHANNON WAY might now be worth an estimated £237,662.

This is based on house price inflation of 49.5%, between January 2015 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 49.5% inflationary increase is applied to the most recent sale price for 15 SHANNON WAY of £159,000 on 30th January 2015. For the value to have increased from £159,000 to £237,662 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 15 SHANNON WAY has moved in line with the HPI for detached houses in the Eastbourne local authority area.
• The January 2015 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHANNON WAY has not materially changed since January 2015.

How Large is 15 SHANNON WAY?

15 SHANNON WAY is 50m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastbourne, and where 15 SHANNON WAY lies on this distribution: 1% of detached houses houses are smaller than 15 SHANNON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

15 SHANNON WAY: Plot and Title Map

15 SHANNON WAY sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 15 SHANNON 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 15 SHANNON 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 15 SHANNON WAY?

15 SHANNON WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 15 on SHANNON WAY.