Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 REGNUM CLOSE is a midsized extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £320,000 in February 2021, which was around 39% below the average February 2021 detached price in the Wealden local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 7 REGNUM CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 7 REGNUM 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 |
---|---|---|---|
2021 15 FEB | £320,000 | £523,550 | 39% below HPI |
2007 9 JUL | £249,000 | £354,524 | 30% below HPI |
2002 20 AUG | £169,950 | £249,026 | 32% below HPI |
1996 24 MAY | £86,000 | £104,115 | 17% below HPI |
The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 7 REGNUM CLOSE sales between May 1996 and February 2021 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 July 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
7 REGNUM CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in January 2020. 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 7 REGNUM CLOSE lies on this distribution: 48% of detached houses are smaller than 7 REGNUM CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.
7 REGNUM CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 7 REGNUM 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 7 REGNUM 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.
7 REGNUM CLOSE is located in EASTBOURNE, in the BN22 postcode district. The below map shows the position of No. 7 on REGNUM CLOSE.