8, SHANNON WAY, EASTBOURNE, BN23 6UA - £149,950

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.

8 SHANNON WAY is a very small semi-detached house of 51m², built sometime between 1967 and 1975, which could now be worth an estimated £221,446. It was last sold for £149,950 in June 2015, which was around 38% below the average June 2015 semi-detached price in the Eastbourne local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

8 SHANNON WAY Sold Prices

Land registry data shows three sales for 8 SHANNON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Eastbourne local authority area for the corresponding sale date. All of the three 8 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
2015 26 JUN	£149,950	£240,134	38% below HPI
2007 18 MAY	£121,000	£199,050	39% below HPI
2001 24 SEP	£68,500	£107,207	36% below HPI

8 SHANNON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastbourne local authority area over time, sourced from the HPI. The three 8 SHANNON WAY sales between September 2001 and June 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 May 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2015 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 8 SHANNON WAY be worth now?

8 SHANNON WAY might now be worth an estimated £221,446.

This is based on house price inflation of 47.7%, between June 2015 and February 2025, for semi-detached 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 47.7% inflationary increase is applied to the most recent sale price for 8 SHANNON WAY of £149,950 on 26th June 2015. For the value to have increased from £149,950 to £221,446 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 8 SHANNON WAY has moved in line with the HPI for semi-detached houses in the Eastbourne local authority area.
• The June 2015 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 8 SHANNON WAY has not materially changed since June 2015.

How Large is 8 SHANNON WAY?

8 SHANNON WAY is 51m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of semi-detached houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eastbourne, and where 8 SHANNON WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 8 SHANNON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

8 SHANNON WAY: Plot and Title Map

8 SHANNON WAY sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 8 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 8 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.

Where is 8 SHANNON WAY?

8 SHANNON WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 8 on SHANNON WAY.