40, PENRITH WAY, EASTBOURNE, BN23 8NS - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 PENRITH WAY is a large extended detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £422,201. It was last sold for £265,000 in September 2013, which was around 31% below the average September 2013 detached price in the Wealden local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

40 PENRITH WAY Sold Prices

Land registry data shows two sales for 40 PENRITH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 40 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
2013 13 SEP	£265,000	£385,088	31% below HPI
1999 9 AUG	£143,995	£161,902	11% below HPI

40 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 two 40 PENRITH WAY sales from August 1999 and September 2013 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 August 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 40 PENRITH WAY be worth now?

40 PENRITH WAY might now be worth an estimated £422,201.

This is based on house price inflation of 59.3%, between September 2013 and December 2024, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.3% inflationary increase is applied to the most recent sale price for 40 PENRITH WAY of £265,000 on 13th September 2013. For the value to have increased from £265,000 to £422,201 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 40 PENRITH WAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The September 2013 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PENRITH WAY has not materially changed since September 2013.

How Large is 40 PENRITH WAY?

40 PENRITH WAY is 126m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% 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 40 PENRITH WAY lies on this distribution: 64% of detached houses houses are smaller than 40 PENRITH WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

40 PENRITH WAY: Plot and Title Map

40 PENRITH WAY sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 40 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 40 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 40 PENRITH WAY?

40 PENRITH WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 40 on PENRITH WAY.