15, THE DROVE, BRIGHTON, BN1 5NN - £245,000

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

15 THE DROVE is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £245,000 in April 2009, which was around 30% below the average April 2009 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

15 THE DROVE Sold Prices

Land registry data shows four sales for 15 THE DROVE 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 15 THE DROVE 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
2009 30 APR	£245,000	£349,198	30% below HPI
2001 21 DEC	£199,999	£257,057	22% below HPI
2000 31 MAR	£124,950	£190,465	34% below HPI
1997 27 JUN	£77,000	£116,679	34% below HPI

15 THE DROVE 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 15 THE DROVE sales between June 1997 and April 2009 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 December 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2009 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 THE DROVE?

15 THE DROVE is 85m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Brighton, based on EPC data. The below chart shows the distribution of detached houses by size in Brighton, and where 15 THE DROVE lies on this distribution: 13% of detached houses are smaller than 15 THE DROVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Brighton.

15 THE DROVE: Plot and Title Map

15 THE DROVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 15 THE DROVE, 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 15 THE DROVE). 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 15 THE DROVE?

15 THE DROVE is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 15 on THE DROVE.