15, OAK TREE LANE, EASTBOURNE, BN23 8BB - £295,000

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.

15 OAK TREE LANE is a small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £317,447. It was last sold for £295,000 in March 2021, which was around 38% below the average March 2021 detached price in the Eastbourne local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

15 OAK TREE LANE Sold Prices

Land registry data shows five sales for 15 OAK TREE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. All of the five 15 OAK TREE LANE 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 17 MAR	£295,000	£473,373	38% below HPI
2014 31 OCT	£229,950	£341,422	33% below HPI
2013 22 FEB	£198,000	£291,710	32% below HPI
2005 18 JUL	£198,500	£271,155	27% below HPI
2001 23 MAR	£124,000	£160,929	23% below HPI

15 OAK TREE LANE 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 five 15 OAK TREE LANE sales between March 2001 and March 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 October 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 15 OAK TREE LANE be worth now?

15 OAK TREE LANE might now be worth an estimated £317,447.

This is based on house price inflation of 7.6%, between March 2021 and June 2025, 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 7.6% inflationary increase is applied to the most recent sale price for 15 OAK TREE LANE of £295,000 on 17th March 2021. For the value to have increased from £295,000 to £317,447 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 15 OAK TREE LANE has moved in line with the HPI for detached houses in the Eastbourne local authority area.
• The March 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAK TREE LANE has not materially changed since March 2021.

How Large is 15 OAK TREE LANE?

15 OAK TREE LANE is 87m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% 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 15 OAK TREE LANE lies on this distribution: 28% of detached houses houses are smaller than 15 OAK TREE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

15 OAK TREE LANE: Plot and Title Map

15 OAK TREE LANE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 15 OAK TREE LANE, 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 15 OAK TREE LANE). 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 15 OAK TREE LANE?

15 OAK TREE LANE is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 15 on OAK TREE LANE.