5, WELLS CLOSE, EASTBOURNE, BN20 7TX - £585,000

5 WELLS CLOSE is a very large extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £585,000 in August 2018, which was around 30% above the average August 2018 detached price in the Eastbourne local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

5 WELLS CLOSE Sold Prices

Land registry data shows two sales for 5 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Eastbourne local authority area for the corresponding sale date. Both of the two 5 WELLS CLOSE sales were 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
2018 31 AUG	£585,000	£448,928	30% above HPI
2004 2 DEC	£410,000	£268,022	53% above HPI

5 WELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastbourne local authority area over time, sourced from the HPI. The two 5 WELLS CLOSE sales from December 2004 and August 2018 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 2004 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2018 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 5 WELLS CLOSE?

5 WELLS CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Eastbourne, and where 5 WELLS CLOSE lies on this distribution: 86% of detached houses are smaller than 5 WELLS CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

5 WELLS CLOSE: Plot and Title Map

5 WELLS CLOSE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 5 WELLS 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 5 WELLS 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 5 WELLS CLOSE?

5 WELLS CLOSE is located in EASTBOURNE, in the BN20 postcode district. The below map shows the position of No. 5 on WELLS CLOSE.