2, SHINEWATER LANE, EASTBOURNE, BN23 8AT - £430,000

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 SHINEWATER LANE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £430,000 in February 2022, which was around 22% below the average February 2022 detached price in the Eastbourne local authority area. The most recent EPC inspection was December 2011, where the current energy rating was E, and the potential energy rating was D.

2 SHINEWATER LANE Sold Prices

Land registry data shows three sales for 2 SHINEWATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the three 2 SHINEWATER LANE 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
2022 23 FEB	£430,000	£554,528	22% below HPI
2006 30 NOV	£227,000	£294,928	23% below HPI
2003 6 JUN	£195,000	£262,744	26% below HPI

2 SHINEWATER LANE 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 three 2 SHINEWATER LANE sales between June 2003 and February 2022 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 November 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 SHINEWATER LANE?

2 SHINEWATER LANE is 98m² according to the EPC inspection conducted in December 2011. 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 SHINEWATER LANE lies on this distribution: 39% of detached houses are smaller than 2 SHINEWATER LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

2 SHINEWATER LANE: Plot and Title Map

2 SHINEWATER LANE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 2 SHINEWATER LANE, 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 SHINEWATER LANE). 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 SHINEWATER LANE?

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