THE PENNINGS, UPPER DUKES DRIVE, EASTBOURNE, BN20 7XU - £1,150,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE PENNINGS is a very large extended detached house of 344m², built sometime between 1930 and 1949, which could now be worth an estimated £1,763,430. It was last sold for £1,150,000 in July 2014, which was around 241% above the average July 2014 detached price in the Eastbourne local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

THE PENNINGS Sold Prices

Land registry data shows three sales for THE PENNINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the three THE PENNINGS 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
2014 24 JUL	£1,150,000	£337,029	241% above HPI
2000 30 OCT	£750,000	£159,541	370% above HPI
1998 10 NOV	£580,000	£112,994	413% above HPI

THE PENNINGS 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 three THE PENNINGS sales between November 1998 and July 2014 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 October 2000 sale was for 370% above the HPI. So the extrapolation line tracks at 370% above the HPI over time, until the July 2014 sale, where it falls to 241% above the HPI. The line then continues to track at 241% above the HPI.

What might THE PENNINGS be worth now?

THE PENNINGS might now be worth an estimated £1,763,430.

This is based on house price inflation of 53.3%, between July 2014 and December 2024, for 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 53.3% inflationary increase is applied to the most recent sale price for THE PENNINGS of £1,150,000 on 24th July 2014. For the value to have increased from £1,150,000 to £1,763,430 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of THE PENNINGS has moved in line with the HPI for detached houses in the Eastbourne local authority area.
• The July 2014 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of THE PENNINGS has not materially changed since July 2014.

How Large is THE PENNINGS?

THE PENNINGS is 344m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastbourne, and where THE PENNINGS lies on this distribution: 99% of detached houses houses are smaller than THE PENNINGS, and 1% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

THE PENNINGS: Plot and Title Map

THE PENNINGS sits on a plot of roughly 0.976 of an acre, or 3,951m². The below map shows the location of THE PENNINGS, 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 THE PENNINGS). 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 THE PENNINGS?

THE PENNINGS is located on UPPER DUKES DRIVE in EASTBOURNE, in the BN20 postcode district. The below map shows the position of THE PENNINGS on UPPER DUKES DRIVE.