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 FRIAR ROAD is a very large extended detached house of 217m², built sometime between 1930 and 1949. It was last sold for £1,380,000 in July 2022, which was around 65% above the average July 2022 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 FRIAR ROAD since 1st 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 FRIAR ROAD sales were 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 |
---|---|---|---|
2022 25 JUL | £1,380,000 | £837,807 | 65% above HPI |
2014 27 AUG | £608,000 | £521,792 | 17% above 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 two 2 FRIAR ROAD sales from August 2014 and July 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 August 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.
2 FRIAR ROAD is 217m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 2 FRIAR ROAD lies on this distribution: 84% of detached houses are smaller than 2 FRIAR ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Brighton.
2 FRIAR ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 2 FRIAR ROAD, 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 FRIAR ROAD). 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.
2 FRIAR ROAD is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 2 on FRIAR ROAD.