Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 PARKWAY is a very large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £475,000 in May 2011, which was around 55% above the average May 2011 detached price in the Eastbourne local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 PARKWAY since 1st 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 3 PARKWAY sales 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 |
---|---|---|---|
2011 20 MAY | £475,000 | £305,997 | 55% above HPI |
2002 6 SEP | £315,000 | £226,487 | 39% above HPI |
1996 9 SEP | £131,250 | £89,128 | 47% above HPI |
The below graph shows the average detached house price in the Eastbourne local authority area over time, sourced from the HPI. The three 3 PARKWAY sales between September 1996 and May 2011 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 September 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2011 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.
3 PARKWAY is 176m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 20% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 3 PARKWAY lies on this distribution: 87% of detached houses are smaller than 3 PARKWAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.
3 PARKWAY sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of 3 PARKWAY, 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 3 PARKWAY). 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.
3 PARKWAY is located in EASTBOURNE, in the BN20 postcode district. The below map shows the position of No. 3 on PARKWAY.