38, PENRITH WAY, EASTBOURNE, BN23 8NS - £465,000

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

38 PENRITH WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £465,000 in July 2024, which was around 22% below the average July 2024 detached price in the Wealden local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

38 PENRITH WAY Sold Prices

Land registry data shows five sales for 38 PENRITH WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the five 38 PENRITH 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
2024 18 JUL	£465,000	£595,511	22% below HPI
2020 17 DEC	£392,500	£525,602	25% below HPI
2012 30 NOV	£250,000	£362,241	31% below HPI
2004 12 AUG	£245,000	£307,364	20% below HPI
1999 19 AUG	£134,995	£156,268	14% below HPI

38 PENRITH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The five 38 PENRITH WAY sales between August 1999 and July 2024 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 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 PENRITH WAY?

38 PENRITH WAY is 125m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 38 PENRITH WAY lies on this distribution: 64% of detached houses are smaller than 38 PENRITH WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

38 PENRITH WAY: Plot and Title Map

38 PENRITH WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 38 PENRITH 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 38 PENRITH 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 38 PENRITH WAY?

38 PENRITH WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 38 on PENRITH WAY.