2, PENRITH WAY, EASTBOURNE, BN23 8NS - £358,000

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

2 PENRITH WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £358,000 in January 2016, which was around 20% below the average January 2016 detached price in the Wealden local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

2 PENRITH WAY Sold Prices

Land registry data shows four sales for 2 PENRITH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 2 PENRITH 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
2016 29 JAN	£358,000	£448,182	20% below HPI
2006 6 OCT	£250,000	£329,853	24% below HPI
2000 7 AUG	£167,500	£194,547	14% below HPI
1999 24 AUG	£152,995	£156,268	2% below HPI

2 PENRITH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 2 PENRITH WAY sales between August 1999 and January 2016 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 October 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 PENRITH WAY?

2 PENRITH WAY is 125m² according to the EPC inspection conducted in August 2010. This puts it in the largest 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 PENRITH WAY lies on this distribution: 64% of detached houses are smaller than 2 PENRITH WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

2 PENRITH WAY: Plot and Title Map

2 PENRITH WAY sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 2 PENRITH 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 2 PENRITH 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 2 PENRITH WAY?

2 PENRITH WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 2 on PENRITH WAY.