15, SHANNON CLOSE, TELSCOMBE CLIFFS, PEACEHAVEN, BN10 7BQ - £196,000

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 SHANNON CLOSE is a very small extended semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £328,630. It was last sold for £196,000 in May 2011, which was around 18% below the average May 2011 semi-detached price in the Lewes local authority area. The most recent EPC inspection was June 2019, where the current energy rating was A, and the potential energy rating was A.

15 SHANNON CLOSE Sold Prices

Land registry data shows four sales for 15 SHANNON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lewes local authority area for the corresponding sale date. All of the four 15 SHANNON 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
2011 27 MAY	£196,000	£239,785	18% below HPI
2006 10 OCT	£187,500	£225,049	17% below HPI
1998 24 APR	£72,000	£79,032	9% below HPI
1996 6 SEP	£58,500	£66,921	13% below HPI

15 SHANNON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lewes local authority area over time, sourced from the HPI. The four 15 SHANNON CLOSE sales between September 1996 and May 2011 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 15 SHANNON CLOSE be worth now?

15 SHANNON CLOSE might now be worth an estimated £328,630.

This is based on house price inflation of 67.7%, between May 2011 and June 2025, for semi-detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.7% inflationary increase is applied to the most recent sale price for 15 SHANNON CLOSE of £196,000 on 27th May 2011. For the value to have increased from £196,000 to £328,630 over the thirteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 SHANNON CLOSE has moved in line with the HPI for semi-detached houses in the Lewes local authority area.
• The May 2011 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHANNON CLOSE has not materially changed since May 2011.

How Large is 15 SHANNON CLOSE?

15 SHANNON CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Telscombe Cliffs, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telscombe Cliffs, and where 15 SHANNON CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 15 SHANNON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Telscombe Cliffs.

15 SHANNON CLOSE: Plot and Title Map

15 SHANNON CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 15 SHANNON 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 15 SHANNON 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 15 SHANNON CLOSE?

15 SHANNON CLOSE is located in TELSCOMBE CLIFFS, in the BN10 postcode district. The below map shows the position of No. 15 on SHANNON CLOSE.