29, GRASMERE CLOSE, EASTBOURNE, BN23 8JE - £490,000

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

29 GRASMERE CLOSE is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £490,000 in November 2022, which was around 15% below the average November 2022 detached price in the Eastbourne local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

29 GRASMERE CLOSE Sold Prices

Land registry data shows five sales for 29 GRASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the five 29 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
2022 11 NOV	£490,000	£579,077	15% below HPI
2017 6 JUN	£379,950	£414,834	8% below HPI
2007 26 APR	£242,000	£296,340	18% below HPI
1998 25 SEP	£96,000	£116,073	17% below HPI
1997 27 OCT	£90,000	£102,649	12% below HPI

29 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 five 29 GRASMERE CLOSE sales between October 1997 and November 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 June 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 29 GRASMERE CLOSE?

29 GRASMERE CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 29 GRASMERE CLOSE lies on this distribution: 48% of detached houses are smaller than 29 GRASMERE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

29 GRASMERE CLOSE: Plot and Title Map

29 GRASMERE CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 29 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 29 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 29 GRASMERE CLOSE?

29 GRASMERE CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 29 on GRASMERE CLOSE.