18, SHANNON WAY, EASTBOURNE, BN23 6UA - £175,000

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

18 SHANNON WAY is a very small extended detached house of 61m², built sometime between 1967 and 1975. It was last sold for £175,000 in December 2017, which was around 61% below the average December 2017 detached price in the Eastbourne local authority area. The most recent EPC inspection was April 2024, where the current energy rating was F, and the potential energy rating was D.

18 SHANNON WAY Sold Prices

Land registry data shows two sales for 18 SHANNON 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 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
2017 8 DEC	£175,000	£444,006	61% below HPI
1996 3 MAY	£30,500	£88,521	66% below HPI

18 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 two 18 SHANNON WAY sales from May 1996 and December 2017 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 May 1996 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the December 2017 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 18 SHANNON WAY?

18 SHANNON WAY is 61m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% 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 SHANNON WAY lies on this distribution: 3% of detached houses are smaller than 18 SHANNON WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

18 SHANNON WAY: Plot and Title Map

18 SHANNON WAY sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 18 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 18 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 18 SHANNON WAY?

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