16, ELVEN LANE, EAST DEAN, EASTBOURNE, BN20 0LG - £695,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 ELVEN LANE is a small extended detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £743,699. It was last sold for £695,000 in September 2021, which was around 23% above the average September 2021 detached price in the Wealden local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

16 ELVEN LANE Sold Prices

Land registry data shows three sales for 16 ELVEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Two of the three 16 ELVEN LANE sales were for above the average price, whilst one was 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
2021 28 SEP	£695,000	£565,174	23% above HPI
2017 2 AUG	£535,000	£497,805	7% above HPI
2012 31 AUG	£286,000	£372,827	23% below HPI

16 ELVEN LANE 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 three 16 ELVEN LANE sales between August 2012 and September 2021 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 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 16 ELVEN LANE be worth now?

16 ELVEN LANE might now be worth an estimated £743,699.

This is based on house price inflation of 7%, between September 2021 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 16 ELVEN LANE of £695,000 on 28th September 2021. For the value to have increased from £695,000 to £743,699 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 ELVEN LANE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The September 2021 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELVEN LANE has not materially changed since September 2021.

How Large is 16 ELVEN LANE?

16 ELVEN LANE is 123m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses houses in Friston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Friston, and where 16 ELVEN LANE lies on this distribution: 36% of detached houses houses are smaller than 16 ELVEN LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Friston.

16 ELVEN LANE: Plot and Title Map

16 ELVEN LANE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 16 ELVEN LANE, 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 16 ELVEN LANE). 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 16 ELVEN LANE?

16 ELVEN LANE is located in EAST DEAN, in the BN20 postcode district. The below map shows the position of No. 16 on ELVEN LANE.