34, SHANNON WAY, EASTBOURNE, BN23 6UA - £150,000

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

34 SHANNON WAY is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £150,000 in May 2014, which was around 55% below the average May 2014 detached price in the Eastbourne local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

34 SHANNON WAY Sold Prices

Land registry data shows four sales for 34 SHANNON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the four 34 SHANNON WAY 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
2014 9 MAY	£150,000	£336,311	55% below HPI
2000 29 SEP	£87,000	£157,778	45% below HPI
1999 23 JUL	£65,000	£124,126	48% below HPI
1997 19 SEP	£46,000	£100,828	54% below HPI

34 SHANNON WAY 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 four 34 SHANNON WAY sales between September 1997 and May 2014 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 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2014 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 34 SHANNON WAY?

34 SHANNON WAY is 59m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 34 SHANNON WAY lies on this distribution: 3% of detached houses are smaller than 34 SHANNON WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

34 SHANNON WAY: Plot and Title Map

34 SHANNON WAY sits on a plot of roughly 0.039 of an acre, or 160m². The below map shows the location of 34 SHANNON WAY, 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 34 SHANNON WAY). 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 34 SHANNON WAY?

34 SHANNON WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 34 on SHANNON WAY.