25, GRASMERE CLOSE, EASTBOURNE, BN23 8JE - £375,000

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

25 GRASMERE CLOSE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £375,000 in September 2020, which was around 17% below the average September 2020 detached price in the Eastbourne local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

25 GRASMERE CLOSE Sold Prices

Land registry data shows three sales for 25 GRASMERE CLOSE 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 25 GRASMERE 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
2020 2 SEP	£375,000	£454,318	17% below HPI
2015 15 MAY	£310,000	£362,081	14% below HPI
2013 29 APR	£190,000	£298,721	36% below HPI

25 GRASMERE CLOSE 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 25 GRASMERE CLOSE sales between April 2013 and September 2020 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 May 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 25 GRASMERE CLOSE?

25 GRASMERE CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in December 2022. 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 25 GRASMERE CLOSE lies on this distribution: 66% of detached houses are smaller than 25 GRASMERE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

25 GRASMERE CLOSE: Plot and Title Map

25 GRASMERE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 25 GRASMERE 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 25 GRASMERE 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.

Where is 25 GRASMERE CLOSE?

25 GRASMERE CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 25 on GRASMERE CLOSE.