41, GRASMERE CLOSE, EASTBOURNE, BN23 8JE - £240,000

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

41 GRASMERE CLOSE is a midsized extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £240,000 in August 2012, which was around 21% below the average August 2012 detached price in the Eastbourne local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

41 GRASMERE CLOSE Sold Prices

Land registry data shows two sales for 41 GRASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. Both of the two 41 GRASMERE CLOSE 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
2012 28 AUG	£240,000	£304,818	21% below HPI
2004 29 JUL	£235,000	£273,116	14% below HPI

41 GRASMERE 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 two 41 GRASMERE CLOSE sales from July 2004 and August 2012 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 July 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 41 GRASMERE CLOSE?

41 GRASMERE CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 41 GRASMERE CLOSE lies on this distribution: 45% of detached houses are smaller than 41 GRASMERE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

41 GRASMERE CLOSE: Plot and Title Map

41 GRASMERE CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 41 GRASMERE 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 41 GRASMERE 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 41 GRASMERE CLOSE?

41 GRASMERE CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 41 on GRASMERE CLOSE.