4, SHANNON CLOSE, TELSCOMBE CLIFFS, PEACEHAVEN, BN10 7BQ - £249,000

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.

4 SHANNON CLOSE is a very small terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £323,038. It was last sold for £249,000 in November 2015, which was around 1% below the average November 2015 terraced price in the Lewes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

4 SHANNON CLOSE Sold Prices

Land registry data shows two sales for 4 SHANNON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. One of the two 4 SHANNON CLOSE 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
2015 20 NOV	£249,000	£251,801	1% below HPI
2003 4 JUL	£154,950	£142,973	8% above HPI

4 SHANNON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lewes local authority area over time, sourced from the HPI. The two 4 SHANNON CLOSE sales from July 2003 and November 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 July 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 SHANNON CLOSE be worth now?

4 SHANNON CLOSE might now be worth an estimated £323,038.

This is based on house price inflation of 29.7%, between November 2015 and June 2025, for terraced 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 29.7% inflationary increase is applied to the most recent sale price for 4 SHANNON CLOSE of £249,000 on 20th November 2015. For the value to have increased from £249,000 to £323,038 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 4 SHANNON CLOSE has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The November 2015 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHANNON CLOSE has not materially changed since November 2015.

How Large is 4 SHANNON CLOSE?

4 SHANNON CLOSE is 61m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of terraced houses houses in Telscombe Cliffs, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Telscombe Cliffs, and where 4 SHANNON CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 4 SHANNON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Telscombe Cliffs.

4 SHANNON CLOSE: Plot and Title Map

4 SHANNON CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 4 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 4 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 4 SHANNON CLOSE?

4 SHANNON CLOSE is located in TELSCOMBE CLIFFS, in the BN10 postcode district. The below map shows the position of No. 4 on SHANNON CLOSE.