2, THE VALE, OVINGDEAN, BRIGHTON, BN2 7AB - £499,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE VALE is a very large extended detached house of 188m², built sometime between 1967 and 1975, which could now be worth an estimated £1,457,143. It was last sold for £499,950 in June 2002, which was around 71% above the average June 2002 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was D.

2 THE VALE Sold Prices

Land registry data shows two sales for 2 THE VALE 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 THE VALE 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
2002 28 JUN	£499,950	£293,028	71% above HPI
2001 8 OCT	£499,950	£277,338	80% above HPI

2 THE VALE 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 THE VALE sales from October 2001 and June 2002 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 October 2001 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2002 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 2 THE VALE be worth now?

2 THE VALE might now be worth an estimated £1,457,143.

This is based on house price inflation of 191.5%, between June 2002 and December 2024, for detached houses, in the Brighton and Hove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 191.5% inflationary increase is applied to the most recent sale price for 2 THE VALE of £499,950 on 28th June 2002. For the value to have increased from £499,950 to £1,457,143 over the 21 years and six months to December 2024, the following assumptions must hold true:

• The value of 2 THE VALE has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The June 2002 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 2 THE VALE has not materially changed since June 2002.

How Large is 2 THE VALE?

2 THE VALE is 188m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighton and Hove, and where 2 THE VALE lies on this distribution: 82% of detached houses houses are smaller than 2 THE VALE, and 18% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

2 THE VALE: Plot and Title Map

2 THE VALE sits on a plot of roughly 0.340 of an acre, or 1,376m². The below map shows the location of 2 THE VALE, 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 THE VALE). 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 THE VALE?

2 THE VALE is located in OVINGDEAN, in the BN2 postcode district. The below map shows the position of No. 2 on THE VALE.