3, GIBBS COTTAGES, 107, LATIMER ROAD, EASTBOURNE, BN22 7ET - £225,000

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.

3 GIBBS COTTAGES is a very small terraced house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £273,782. It was last sold for £225,000 in April 2019, which was around 1% below the average April 2019 terraced price in the Eastbourne local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

3 GIBBS COTTAGES Sold Prices

Land registry data shows two sales for 3 GIBBS COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Eastbourne local authority area for the corresponding sale date. One of the two 3 GIBBS COTTAGES sales was for below the average price, whilst the other was for above 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
2019 12 APR	£225,000	£226,845	1% below HPI
2006 13 JUN	£154,000	£145,598	6% above HPI

3 GIBBS COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Eastbourne local authority area over time, sourced from the HPI. The two 3 GIBBS COTTAGES sales from June 2006 and April 2019 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 June 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 GIBBS COTTAGES be worth now?

3 GIBBS COTTAGES might now be worth an estimated £273,782.

This is based on house price inflation of 21.7%, between April 2019 and June 2025, for terraced houses, in the Eastbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 3 GIBBS COTTAGES of £225,000 on 12th April 2019. For the value to have increased from £225,000 to £273,782 over the five years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 GIBBS COTTAGES has moved in line with the HPI for terraced houses in the Eastbourne local authority area.
• The April 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GIBBS COTTAGES has not materially changed since April 2019.

How Large is 3 GIBBS COTTAGES?

3 GIBBS COTTAGES is 67m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of terraced houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Eastbourne, and where 3 GIBBS COTTAGES lies on this distribution: 7% of terraced houses houses are smaller than 3 GIBBS COTTAGES, and 91% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

3 GIBBS COTTAGES: Plot and Title Map

3 GIBBS COTTAGES sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 3 GIBBS COTTAGES, 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 3 GIBBS COTTAGES). 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 3 GIBBS COTTAGES?

3, GIBBS COTTAGES is located on LATIMER ROAD in EASTBOURNE, in the BN22 postcode district. The below map shows the position of 3, GIBBS COTTAGES on LATIMER ROAD.