Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 OAKLANDS AVENUE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £460,000 in February 2024, which was around 43% below the average February 2024 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 OAKLANDS AVENUE since 1st 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 16 OAKLANDS AVENUE 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 |
---|---|---|---|
2024 13 FEB | £460,000 | £800,822 | 43% below HPI |
2021 2 SEP | £465,000 | £742,012 | 37% below HPI |
2014 24 JUN | £250,000 | £500,865 | 50% below HPI |
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 16 OAKLANDS AVENUE sales between June 2014 and February 2024 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 September 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
16 OAKLANDS AVENUE is 88m², which includes two extensions, according to the EPC inspection conducted in May 2021. 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 16 OAKLANDS AVENUE lies on this distribution: 24% of detached houses are smaller than 16 OAKLANDS AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
16 OAKLANDS AVENUE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 16 OAKLANDS AVENUE, 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 16 OAKLANDS AVENUE). 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.
16 OAKLANDS AVENUE is located in SALTDEAN, in the BN2 postcode district. The below map shows the position of No. 16 on OAKLANDS AVENUE.