7, REGNUM CLOSE, EASTBOURNE, BN22 0XH - £320,000

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.

7 REGNUM CLOSE is a midsized extended detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £356,783. It was last sold for £320,000 in February 2021, which was around 41% below the average February 2021 detached price in the Wealden local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

7 REGNUM CLOSE Sold Prices

Land registry data shows four sales for 7 REGNUM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the four 7 REGNUM CLOSE 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
2021 15 FEB	£320,000	£542,426	41% below HPI
2007 9 JUL	£249,000	£367,306	32% below HPI
2002 20 AUG	£169,950	£258,004	34% below HPI
1996 24 MAY	£86,000	£107,869	20% below HPI

7 REGNUM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The four 7 REGNUM CLOSE sales between May 1996 and February 2021 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 7 REGNUM CLOSE be worth now?

7 REGNUM CLOSE might now be worth an estimated £356,783.

This is based on house price inflation of 11.5%, between February 2021 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% inflationary increase is applied to the most recent sale price for 7 REGNUM CLOSE of £320,000 on 15th February 2021. For the value to have increased from £320,000 to £356,783 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 REGNUM CLOSE has moved in line with the HPI for detached houses in the Wealden local authority area.
• The February 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REGNUM CLOSE has not materially changed since February 2021.

How Large is 7 REGNUM CLOSE?

7 REGNUM CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastbourne, and where 7 REGNUM CLOSE lies on this distribution: 48% of detached houses houses are smaller than 7 REGNUM CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

7 REGNUM CLOSE: Plot and Title Map

7 REGNUM CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 7 REGNUM 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 7 REGNUM 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 7 REGNUM CLOSE?

7 REGNUM CLOSE is located in EASTBOURNE, in the BN22 postcode district. The below map shows the position of No. 7 on REGNUM CLOSE.