24 SHANNON WAY is a very small detached house of 51m², built sometime between 1976 and 1982. It was last sold for £220,000 in February 2023, which was around 63% below the average February 2023 detached price in the Eastbourne local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 24 SHANNON WAY since 1st 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 24 SHANNON WAY 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 |
---|---|---|---|
2023 13 FEB | £220,000 | £599,219 | 63% below HPI |
2014 28 MAR | £128,000 | £338,705 | 62% below HPI |
2003 17 JAN | £98,000 | £241,141 | 59% below HPI |
1999 8 SEP | £49,000 | £124,925 | 61% below HPI |
1997 30 JUN | £31,000 | £99,796 | 69% below HPI |
The below graph shows the average detached house price in the Eastbourne local authority area over time, sourced from the HPI. The five 24 SHANNON WAY sales between June 1997 and February 2023 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 March 2014 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the February 2023 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.
24 SHANNON WAY is 51m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 24 SHANNON WAY lies on this distribution: 1% of detached houses are smaller than 24 SHANNON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.
24 SHANNON WAY sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 24 SHANNON WAY, 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 24 SHANNON WAY). 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.
24 SHANNON WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 24 on SHANNON WAY.