2, THE ESPLANADE, TELSCOMBE CLIFFS, PEACEHAVEN, BN10 7HG - £476,500

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 THE ESPLANADE is a very large detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £640,517. It was last sold for £476,500 in July 2015, which was around 10% above the average July 2015 detached price in the Lewes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

2 THE ESPLANADE Sold Prices

Land registry data shows three sales for 2 THE ESPLANADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. One of the three 2 THE ESPLANADE sales was for above the average price, whilst two 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 31 JUL	£476,500	£434,128	10% above HPI
2006 2 NOV	£268,000	£331,912	19% below HPI
1999 22 DEC	£20,000	£164,976	88% below HPI

2 THE ESPLANADE 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 three 2 THE ESPLANADE sales between December 1999 and July 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 November 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 THE ESPLANADE be worth now?

2 THE ESPLANADE might now be worth an estimated £640,517.

This is based on house price inflation of 34.4%, between July 2015 and February 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 34.4% inflationary increase is applied to the most recent sale price for 2 THE ESPLANADE of £476,500 on 31st July 2015. For the value to have increased from £476,500 to £640,517 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 2 THE ESPLANADE has moved in line with the HPI for detached houses in the Lewes local authority area.
• The July 2015 sale price of £476,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE ESPLANADE has not materially changed since July 2015.

How Large is 2 THE ESPLANADE?

2 THE ESPLANADE is 168m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 THE ESPLANADE lies on this distribution: 91% of detached houses houses are smaller than 2 THE ESPLANADE, and 9% of houses are larger. Note that EPC data is not available for all properties in Telscombe Cliffs.

2 THE ESPLANADE: Plot and Title Map

2 THE ESPLANADE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 THE ESPLANADE, 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 THE ESPLANADE). 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 THE ESPLANADE?

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