1, MEADWAY CRESCENT, HOVE, BN3 7NJ - £430,000

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.

1 MEADWAY CRESCENT is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £518,857. It was last sold for £430,000 in August 2018, which was around 40% below the average August 2018 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

1 MEADWAY CRESCENT Sold Prices

Land registry data shows three sales for 1 MEADWAY CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the three 1 MEADWAY CRESCENT 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
2018 6 AUG	£430,000	£716,999	40% below HPI
2015 7 OCT	£310,000	£638,521	51% below HPI
2002 19 APR	£150,000	£284,230	47% below HPI

1 MEADWAY CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brighton and Hove local authority area over time, sourced from the HPI. The three 1 MEADWAY CRESCENT sales between April 2002 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 October 2015 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 MEADWAY CRESCENT be worth now?

1 MEADWAY CRESCENT might now be worth an estimated £518,857.

This is based on house price inflation of 20.7%, between August 2018 and February 2025, for detached houses, in the Brighton and Hove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 1 MEADWAY CRESCENT of £430,000 on 6th August 2018. For the value to have increased from £430,000 to £518,857 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 MEADWAY CRESCENT has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The August 2018 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADWAY CRESCENT has not materially changed since August 2018.

How Large is 1 MEADWAY CRESCENT?

1 MEADWAY CRESCENT is 66m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighton and Hove, and where 1 MEADWAY CRESCENT lies on this distribution: 7% of detached houses houses are smaller than 1 MEADWAY CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

1 MEADWAY CRESCENT: Plot and Title Map

1 MEADWAY CRESCENT sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 1 MEADWAY CRESCENT, 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 1 MEADWAY CRESCENT). 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 1 MEADWAY CRESCENT?

1 MEADWAY CRESCENT is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 1 on MEADWAY CRESCENT.