11A, SHANNON WAY, EASTBOURNE, BN23 6UA - £225,000

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.

11A SHANNON WAY is a very small terraced house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £215,315. It was last sold for £225,000 in April 2022, which was around 22% below the average April 2022 terraced price in the Eastbourne local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.

11A SHANNON WAY Sold Prices

Land registry data shows four sales for 11A SHANNON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Eastbourne local authority area for the corresponding sale date. All of the four 11A SHANNON WAY 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 4 APR	£225,000	£288,443	22% below HPI
2003 22 JUN	£112,500	£122,401	8% below HPI
2003 9 MAY	£90,000	£119,995	25% below HPI
1997 15 AUG	£28,000	£48,238	42% below HPI

11A SHANNON WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Eastbourne local authority area over time, sourced from the HPI. The four 11A SHANNON WAY sales between August 1997 and April 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 June 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 11A SHANNON WAY be worth now?

11A SHANNON WAY might now be worth an estimated £215,315.

This is based on house price deflation of 4.3%, between April 2022 and June 2025, for terraced 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 4.3% deflationary decrease is applied to the most recent sale price for 11A SHANNON WAY of £225,000 on 4th April 2022. For the value to have decreased from £225,000 to £215,315 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 11A SHANNON WAY has moved in line with the HPI for terraced houses in the Eastbourne local authority area.
• The April 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 11A SHANNON WAY has not materially changed since April 2022.

How Large is 11A SHANNON WAY?

11A SHANNON WAY is 59m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of terraced houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Eastbourne, and where 11A SHANNON WAY lies on this distribution: 3% of terraced houses houses are smaller than 11A SHANNON WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

11A SHANNON WAY: Plot and Title Map

11A SHANNON WAY sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 11A SHANNON WAY, 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 11A SHANNON WAY). 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 11A SHANNON WAY?

11A SHANNON WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 11A on SHANNON WAY.