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
27 THE ESPLANADE is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £470,000 in August 2020, which was around 4% below the average August 2020 detached price in the Lewes local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 27 THE ESPLANADE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the three 27 THE ESPLANADE 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 10 AUG | £470,000 | £492,122 | 4% below HPI |
2014 23 DEC | £306,000 | £406,180 | 25% below HPI |
2013 12 APR | £260,000 | £353,011 | 26% below HPI |
The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three 27 THE ESPLANADE sales between April 2013 and August 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 December 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
27 THE ESPLANADE is 89m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Telscombe Cliffs, based on EPC data. The below chart shows the distribution of detached houses by size in Telscombe Cliffs, and where 27 THE ESPLANADE lies on this distribution: 32% of detached houses are smaller than 27 THE ESPLANADE, and 66% of houses are larger. Note that EPC data is not available for all properties in Telscombe Cliffs.
27 THE ESPLANADE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 27 THE ESPLANADE, 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 27 THE ESPLANADE). 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.
27 THE ESPLANADE is located in TELSCOMBE CLIFFS, in the BN10 postcode district. The below map shows the position of No. 27 on THE ESPLANADE.