55, GRASMERE CLOSE, EASTBOURNE, BN23 8JE - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 GRASMERE CLOSE is a midsized semi-detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £404,179. It was last sold for £335,000 in July 2019, which was around 14% above the average July 2019 semi-detached price in the Eastbourne local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

55 GRASMERE CLOSE Sold Prices

Land registry data shows three sales for 55 GRASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Eastbourne local authority area for the corresponding sale date. All of the three 55 GRASMERE 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
2019 25 JUL	£335,000	£293,931	14% above HPI
2009 25 SEP	£232,500	£182,551	27% above HPI
1998 11 DEC	£95,000	£69,669	36% above HPI

55 GRASMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastbourne local authority area over time, sourced from the HPI. The three 55 GRASMERE CLOSE sales between December 1998 and July 2019 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 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 55 GRASMERE CLOSE be worth now?

55 GRASMERE CLOSE might now be worth an estimated £404,179.

This is based on house price inflation of 20.7%, between July 2019 and February 2025, for semi-detached houses, in the Eastbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 55 GRASMERE CLOSE of £335,000 on 25th July 2019. For the value to have increased from £335,000 to £404,179 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 55 GRASMERE CLOSE has moved in line with the HPI for semi-detached houses in the Eastbourne local authority area.
• The July 2019 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 55 GRASMERE CLOSE has not materially changed since July 2019.

How Large is 55 GRASMERE CLOSE?

55 GRASMERE CLOSE is 102m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of semi-detached houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eastbourne, and where 55 GRASMERE CLOSE lies on this distribution: 43% of semi-detached houses houses are smaller than 55 GRASMERE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

55 GRASMERE CLOSE: Plot and Title Map

55 GRASMERE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 55 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 55 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 55 GRASMERE CLOSE?

55 GRASMERE CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 55 on GRASMERE CLOSE.