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
62 THE RISING is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £315,000 in December 2019, which was around 30% below the average December 2019 detached price in the Eastbourne local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 62 THE RISING since 1st 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 62 THE RISING 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 |
---|---|---|---|
2019 6 DEC | £315,000 | £452,822 | 30% below HPI |
2015 25 SEP | £200,000 | £373,339 | 46% below HPI |
The below graph shows the average detached house price in the Eastbourne local authority area over time, sourced from the HPI. The two 62 THE RISING sales from September 2015 and December 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 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
62 THE RISING is 72m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 62 THE RISING lies on this distribution: 13% of detached houses are smaller than 62 THE RISING, and 86% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.
62 THE RISING sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 62 THE RISING, 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 62 THE RISING). 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.
62 THE RISING is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 62 on THE RISING.