2, PARKWAY, EASTBOURNE, BN20 9DU - £460,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PARKWAY is a large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £732,532. It was last sold for £460,000 in February 2014, which was around 42% above the average February 2014 detached price in the Eastbourne local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

2 PARKWAY Sold Prices

Land registry data shows two sales for 2 PARKWAY 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 2 PARKWAY sales were for above 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
2014 28 FEB	£460,000	£324,533	42% above HPI
2002 25 MAR	£265,000	£191,196	39% above HPI

2 PARKWAY 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 2 PARKWAY sales from March 2002 and February 2014 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2014 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 2 PARKWAY be worth now?

2 PARKWAY might now be worth an estimated £732,532.

This is based on house price inflation of 59.2%, between February 2014 and December 2024, for detached houses, in the Eastbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.2% inflationary increase is applied to the most recent sale price for 2 PARKWAY of £460,000 on 28th February 2014. For the value to have increased from £460,000 to £732,532 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 2 PARKWAY has moved in line with the HPI for detached houses in the Eastbourne local authority area.
• The February 2014 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARKWAY has not materially changed since February 2014.

How Large is 2 PARKWAY?

2 PARKWAY is 152m², which includes three extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastbourne, and where 2 PARKWAY lies on this distribution: 78% of detached houses houses are smaller than 2 PARKWAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

2 PARKWAY: Plot and Title Map

2 PARKWAY sits on a plot of roughly 0.260 of an acre, or 1,051m². The below map shows the location of 2 PARKWAY, 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 PARKWAY). 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 2 PARKWAY?

2 PARKWAY is located in EASTBOURNE, in the BN20 postcode district. The below map shows the position of No. 2 on PARKWAY.