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
2 CAIRNGORM CLOSE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £405,000 in May 2023, which was around 27% below the average May 2023 detached price in the Eastbourne local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 CAIRNGORM CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the five 2 CAIRNGORM CLOSE 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 |
---|---|---|---|
2023 24 MAY | £405,000 | £555,766 | 27% below HPI |
2012 29 JUN | £232,000 | £298,836 | 22% below HPI |
2009 24 JUL | £175,000 | £272,091 | 36% below HPI |
2006 10 JUN | £197,500 | £273,591 | 28% below HPI |
1998 31 JUL | £89,000 | £110,476 | 19% below HPI |
The below graph shows the average detached house price in the Eastbourne local authority area over time, sourced from the HPI. The five 2 CAIRNGORM CLOSE sales between July 1998 and May 2023 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 June 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
2 CAIRNGORM CLOSE is 90m² according to the EPC inspection conducted in September 2022. 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 2 CAIRNGORM CLOSE lies on this distribution: 31% of detached houses are smaller than 2 CAIRNGORM CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.
2 CAIRNGORM CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 CAIRNGORM CLOSE, 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 2 CAIRNGORM CLOSE). 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.
2 CAIRNGORM CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 2 on CAIRNGORM CLOSE.