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

15 OAK TREE LANE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £295,000 in March 2021, which was around 39% 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	£486,529	39% below HPI
2014 31 OCT	£229,950	£348,625	34% below HPI
2013 22 FEB	£198,000	£297,865	34% below HPI
2005 18 JUL	£198,500	£276,875	28% below HPI
2001 23 MAR	£124,000	£164,324	25% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

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 in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 15 OAK TREE LANE lies on this distribution: 28% of detached 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.