1, SYLVESTER WAY, HOVE, BN3 8AR - £580,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SYLVESTER WAY is a small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £580,000 in May 2023, which was around 30% below the average May 2023 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1 SYLVESTER WAY Sold Prices

Land registry data shows four sales for 1 SYLVESTER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the four 1 SYLVESTER 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
2023 25 MAY	£580,000	£831,919	30% below HPI
2021 26 FEB	£490,000	£714,871	31% below HPI
2008 1 FEB	£340,000	£433,505	22% below HPI
2004 16 DEC	£242,000	£351,879	31% below HPI

1 SYLVESTER WAY 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 four 1 SYLVESTER WAY sales between December 2004 and May 2023 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 February 2021 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 SYLVESTER WAY?

1 SYLVESTER WAY is 84m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses by size in Brighton and Hove, and where 1 SYLVESTER WAY lies on this distribution: 21% of detached houses are smaller than 1 SYLVESTER WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

1 SYLVESTER WAY: Plot and Title Map

1 SYLVESTER WAY sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 SYLVESTER 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 1 SYLVESTER 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 1 SYLVESTER WAY?

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