2, SHANNON CLOSE, TELSCOMBE CLIFFS, PEACEHAVEN, BN10 7BQ - £217,500

2 SHANNON CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £217,500 in January 2015, which was around 46% below the average January 2015 detached price in the Lewes local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

2 SHANNON CLOSE Sold Prices

Land registry data shows five sales for 2 SHANNON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. All of the five 2 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
2015 22 JAN	£217,500	£401,678	46% below HPI
2006 20 DEC	£188,000	£319,166	41% below HPI
2005 3 JUN	£192,500	£298,665	36% below HPI
2000 18 MAY	£96,000	£164,237	42% below HPI
1999 26 FEB	£71,000	£130,316	46% below HPI

2 SHANNON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The five 2 SHANNON CLOSE sales between February 1999 and January 2015 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 December 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2015 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 SHANNON CLOSE?

2 SHANNON CLOSE is 65m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Telscombe Cliffs, based on EPC data. The below chart shows the distribution of detached houses by size in Telscombe Cliffs, and where 2 SHANNON CLOSE lies on this distribution: 4% of detached houses are smaller than 2 SHANNON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Telscombe Cliffs.

2 SHANNON CLOSE: Plot and Title Map

2 SHANNON CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 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 2 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 2 SHANNON CLOSE?

2 SHANNON CLOSE is located in TELSCOMBE CLIFFS, in the BN10 postcode district. The below map shows the position of No. 2 on SHANNON CLOSE.