3, WELLS CLOSE, EASTBOURNE, BN20 7TX - £510,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 WELLS CLOSE is a very large detached house of 174m², built sometime between 1967 and 1975, which could now be worth an estimated £649,149. It was last sold for £510,000 in December 2016, which was around 25% above the average December 2016 detached price in the Eastbourne local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

3 WELLS CLOSE Sold Prices

Land registry data shows three sales for 3 WELLS 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 3 WELLS CLOSE 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
2016 9 DEC	£510,000	£409,118	25% above HPI
1999 23 NOV	£230,000	£129,011	78% above HPI
1998 29 JAN	£170,000	£106,071	60% above HPI

3 WELLS 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 3 WELLS CLOSE sales between January 1998 and December 2016 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 November 1999 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the December 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 WELLS CLOSE be worth now?

3 WELLS CLOSE might now be worth an estimated £649,149.

This is based on house price inflation of 27.3%, between December 2016 and February 2025, for detached houses, in the Eastbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.3% inflationary increase is applied to the most recent sale price for 3 WELLS CLOSE of £510,000 on 9th December 2016. For the value to have increased from £510,000 to £649,149 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 WELLS CLOSE has moved in line with the HPI for detached houses in the Eastbourne local authority area.
• The December 2016 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WELLS CLOSE has not materially changed since December 2016.

How Large is 3 WELLS CLOSE?

3 WELLS CLOSE is 174m² according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastbourne, and where 3 WELLS CLOSE lies on this distribution: 86% of detached houses houses are smaller than 3 WELLS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

3 WELLS CLOSE: Plot and Title Map

3 WELLS CLOSE sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 3 WELLS 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 3 WELLS 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 3 WELLS CLOSE?

3 WELLS CLOSE is located in EASTBOURNE, in the BN20 postcode district. The below map shows the position of No. 3 on WELLS CLOSE.