12, THE DRIVE, SOUTHWICK, BRIGHTON, BN42 4RR - £400,000

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

12 THE DRIVE is a midsized detached house of 111m², built sometime between 1950 and 1966. It was last sold for £400,000 in February 2016, which was around 8% below the average February 2016 detached price in the Adur local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

12 THE DRIVE Sold Prices

Land registry data shows three sales for 12 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Two of the three 12 THE DRIVE sales were for below the average price, whilst one was 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
2016 4 FEB	£400,000	£434,293	8% below HPI
2006 17 AUG	£286,000	£280,126	2% above HPI
2004 19 NOV	£271,450	£282,129	4% below HPI

12 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three 12 THE DRIVE sales between November 2004 and February 2016 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 August 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 12 THE DRIVE?

12 THE DRIVE is 111m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 12 THE DRIVE lies on this distribution: 59% of detached houses are smaller than 12 THE DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Southwick.

12 THE DRIVE: Plot and Title Map

12 THE DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 12 THE DRIVE, 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 12 THE DRIVE). 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 12 THE DRIVE?

12 THE DRIVE is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 12 on THE DRIVE.