5, LILAC CLOSE, EASTBOURNE, BN22 0SH - £425,000

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

5 LILAC CLOSE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £425,000 in November 2023, which was around 24% below the average November 2023 detached price in the Eastbourne local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

5 LILAC CLOSE Sold Prices

Land registry data shows three sales for 5 LILAC CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the three 5 LILAC 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 28 NOV	£425,000	£557,267	24% below HPI
2019 19 DEC	£353,000	£452,822	22% below HPI
2009 7 MAY	£180,000	£264,147	32% below HPI

5 LILAC 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 three 5 LILAC CLOSE sales between May 2009 and November 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 December 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 LILAC CLOSE?

5 LILAC CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 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 5 LILAC CLOSE lies on this distribution: 53% of detached houses are smaller than 5 LILAC CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

5 LILAC CLOSE: Plot and Title Map

5 LILAC CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 5 LILAC 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 5 LILAC 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 5 LILAC CLOSE?

5 LILAC CLOSE is located in EASTBOURNE, in the BN22 postcode district. The below map shows the position of No. 5 on LILAC CLOSE.