18, MADEIRA WAY, EASTBOURNE, BN23 5UG - £345,000

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

18 MADEIRA WAY is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £345,000 in May 2018, which was around 22% below the average May 2018 detached price in the Eastbourne local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

18 MADEIRA WAY Sold Prices

Land registry data shows two sales for 18 MADEIRA 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. Both of the two 18 MADEIRA 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
2018 24 MAY	£345,000	£439,778	22% below HPI
2002 1 MAR	£162,000	£195,229	17% below HPI

18 MADEIRA 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 18 MADEIRA WAY sales from March 2002 and May 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 March 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 MADEIRA WAY?

18 MADEIRA WAY is 93m² according to the EPC inspection conducted in October 2017. 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 18 MADEIRA WAY lies on this distribution: 34% of detached houses are smaller than 18 MADEIRA WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

18 MADEIRA WAY: Plot and Title Map

18 MADEIRA WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 18 MADEIRA 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 18 MADEIRA 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 18 MADEIRA WAY?

18 MADEIRA WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 18 on MADEIRA WAY.