2, CHERRY TREE LANE, BRIGHTON, BN2 6RB - £750,000

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

2 CHERRY TREE LANE is a large detached house of 163m². It was last sold for £750,000 in May 2022, which was around 8% below the average May 2022 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

2 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 2 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. Both of the two 2 CHERRY TREE LANE 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
2022 13 MAY	£750,000	£813,858	8% below HPI
2019 8 MAR	£580,000	£655,256	11% below HPI

2 CHERRY TREE LANE 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 two 2 CHERRY TREE LANE sales from March 2019 and May 2022 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 March 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 CHERRY TREE LANE?

2 CHERRY TREE LANE is 163m² according to the EPC inspection conducted in December 2018. This puts it in the largest 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 2 CHERRY TREE LANE lies on this distribution: 73% of detached houses are smaller than 2 CHERRY TREE LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

2 CHERRY TREE LANE: Plot and Title Map

2 CHERRY TREE LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 CHERRY TREE LANE, 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 2 CHERRY TREE LANE). 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 2 CHERRY TREE LANE?

2 CHERRY TREE LANE is located in BRIGHTON, in the BN2 postcode district. The below map shows the position of No. 2 on CHERRY TREE LANE.