22, PARK LANE, EASTBOURNE, BN21 2UU - £399,000

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

22 PARK LANE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £399,000 in October 2017, which was around 9% below the average October 2017 detached price in the Eastbourne local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

22 PARK LANE Sold Prices

Land registry data shows four sales for 22 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. two of the four 22 PARK LANE sales were for below the average price, and four 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
2017 10 OCT	£399,000	£440,788	9% below HPI
2012 28 JUN	£317,500	£298,836	6% above HPI
2006 16 NOV	£283,000	£294,928	4% below HPI
1999 24 SEP	£142,500	£124,925	14% above HPI

22 PARK 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 four 22 PARK LANE sales between September 1999 and October 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 June 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 22 PARK LANE?

22 PARK LANE is 116m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 22 PARK LANE lies on this distribution: 58% of detached houses are smaller than 22 PARK LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

22 PARK LANE: Plot and Title Map

22 PARK LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 22 PARK 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 22 PARK 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 22 PARK LANE?

22 PARK LANE is located in EASTBOURNE, in the BN21 postcode district. The below map shows the position of No. 22 on PARK LANE.