42, WADE CLOSE, EASTBOURNE, BN23 6AW - £390,000

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

42 WADE CLOSE is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £390,000 in October 2023, which was around 30% below the average October 2023 detached price in the Eastbourne local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

42 WADE CLOSE Sold Prices

Land registry data shows four sales for 42 WADE CLOSE 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 42 WADE 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
2023 26 OCT	£390,000	£557,740	30% below HPI
2022 21 JUL	£399,950	£583,014	31% below HPI
2018 13 DEC	£255,000	£438,871	42% below HPI
2013 22 NOV	£189,000	£326,562	42% below HPI

42 WADE 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 four 42 WADE CLOSE sales between November 2013 and October 2023 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 2022 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 42 WADE CLOSE?

42 WADE CLOSE is 60m² according to the EPC inspection conducted in March 2023. 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 42 WADE CLOSE lies on this distribution: 3% of detached houses are smaller than 42 WADE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

42 WADE CLOSE: Plot and Title Map

42 WADE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 42 WADE 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 42 WADE 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 42 WADE CLOSE?

42 WADE CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 42 on WADE CLOSE.