8, WADE CLOSE, EASTBOURNE, BN23 6AW - £347,000

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.

8 WADE CLOSE is a very small extended semi-detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £343,484. It was last sold for £347,000 in March 2022, which was around 3% below the average March 2022 semi-detached price in the Eastbourne local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

8 WADE CLOSE Sold Prices

Land registry data shows three sales for 8 WADE 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 8 WADE 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
2022 10 MAR	£347,000	£358,259	3% below HPI
2021 23 AUG	£315,000	£332,391	5% below HPI
2016 12 JUL	£240,000	£263,338	9% below HPI

8 WADE 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 8 WADE CLOSE sales between July 2016 and March 2022 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 August 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 WADE CLOSE be worth now?

8 WADE CLOSE might now be worth an estimated £343,484.

This is based on house price deflation of 1%, between March 2022 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 1% deflationary decrease is applied to the most recent sale price for 8 WADE CLOSE of £347,000 on 10th March 2022. For the value to have decreased from £347,000 to £343,484 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 8 WADE CLOSE has moved in line with the HPI for semi-detached houses in the Eastbourne local authority area.
• The March 2022 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WADE CLOSE has not materially changed since March 2022.

How Large is 8 WADE CLOSE?

8 WADE CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 8 WADE CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 8 WADE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

8 WADE CLOSE: Plot and Title Map

8 WADE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 WADE 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 8 WADE 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 8 WADE CLOSE?

8 WADE CLOSE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 8 on WADE CLOSE.