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 THE CLOSE is a very large extended detached house of 227m², built sometime between 1930 and 1949. It was last sold for £149,950 in December 1996, which was around 31% above the average December 1996 detached price in the Wealden local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 THE CLOSE since 1st 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 5 THE CLOSE sales were for above 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 |
---|---|---|---|
1996 2 DEC | £149,950 | £114,288 | 31% above HPI |
1995 27 SEP | £133,000 | £108,948 | 22% above HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 5 THE CLOSE sales from September 1995 and December 1996 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 September 1995 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 1996 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.
5 THE CLOSE is 227m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 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 5 THE CLOSE lies on this distribution: 95% of detached houses are smaller than 5 THE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.
5 THE CLOSE sits on a plot of roughly 0.397 of an acre, or 1,609m². The below map shows the location of 5 THE 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 THE 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.
5 THE CLOSE is located in EASTBOURNE, in the BN22 postcode district. The below map shows the position of No. 5 on THE CLOSE.