16, MELVILL LANE, EASTBOURNE, BN20 9EA - £450,000

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

16 MELVILL LANE is a small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £450,000 in December 2021, which was around 15% below the average December 2021 detached price in the Eastbourne local authority area. The most recent EPC inspection was September 2021, where the current energy rating was F, and the potential energy rating was B.

16 MELVILL LANE Sold Prices

Land registry data shows two sales for 16 MELVILL LANE 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 16 MELVILL LANE 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
2021 14 DEC	£450,000	£530,489	15% below HPI
2001 3 DEC	£176,000	£187,999	6% below HPI

16 MELVILL LANE 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 16 MELVILL LANE sales from December 2001 and December 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 December 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 MELVILL LANE?

16 MELVILL LANE is 98m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 16 MELVILL LANE lies on this distribution: 39% of detached houses are smaller than 16 MELVILL LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

16 MELVILL LANE: Plot and Title Map

16 MELVILL LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 16 MELVILL 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 MELVILL 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 MELVILL LANE?

16 MELVILL LANE is located in EASTBOURNE, in the BN20 postcode district. The below map shows the position of No. 16 on MELVILL LANE.