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

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.

2 SHANNON CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £305,819. It was last sold for £217,500 in January 2015, which was around 49% 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	£426,033	49% below HPI
2006 20 DEC	£188,000	£338,519	44% below HPI
2005 3 JUN	£192,500	£316,774	39% below HPI
2000 18 MAY	£96,000	£174,195	45% below HPI
1999 26 FEB	£71,000	£138,217	49% 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2015 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 2 SHANNON CLOSE be worth now?

2 SHANNON CLOSE might now be worth an estimated £305,819.

This is based on house price inflation of 40.6%, between January 2015 and June 2025, for 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 40.6% inflationary increase is applied to the most recent sale price for 2 SHANNON CLOSE of £217,500 on 22nd January 2015. For the value to have increased from £217,500 to £305,819 over the nine years and seven months to June 2025, the following assumptions must hold true:

• The value of 2 SHANNON CLOSE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The January 2015 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SHANNON CLOSE has not materially changed since January 2015.

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 houses in Telscombe Cliffs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Telscombe Cliffs, and where 2 SHANNON CLOSE lies on this distribution: 4% of detached houses 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.