61A, MAGNOLIA WALK, EASTBOURNE, BN22 0ST - £259,000

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

61A MAGNOLIA WALK is a midsized detached house of 103m², built sometime from 2007 onwards. It was last sold for £259,000 in December 2016, which was around 38% below the average December 2016 detached price in the Eastbourne local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

61A MAGNOLIA WALK Sold Prices

Land registry data shows two sales for 61A MAGNOLIA WALK 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 61A MAGNOLIA WALK 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
2016 8 DEC	£259,000	£417,749	38% below HPI
2007 29 MAY	£235,000	£299,875	22% below HPI

61A MAGNOLIA WALK 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 61A MAGNOLIA WALK sales from May 2007 and December 2016 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 May 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 61A MAGNOLIA WALK?

61A MAGNOLIA WALK is 103m² according to the EPC inspection conducted in October 2014. 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 61A MAGNOLIA WALK lies on this distribution: 44% of detached houses are smaller than 61A MAGNOLIA WALK, and 55% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

61A MAGNOLIA WALK: Plot and Title Map

61A MAGNOLIA WALK sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 61A MAGNOLIA WALK, 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 61A MAGNOLIA WALK). 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 61A MAGNOLIA WALK?

61A MAGNOLIA WALK is located in EASTBOURNE, in the BN22 postcode district. The below map shows the position of No. 61A on MAGNOLIA WALK.