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
2 TIMBERS LANE is a large detached house of 161m². It was last sold for £715,000 in April 2021, which was about the average April 2021 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 2 TIMBERS LANE 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. One of the two 2 TIMBERS LANE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2021 22 APR | £715,000 | £712,929 | Close to HPI |
2018 19 JAN | £670,000 | £644,822 | 4% 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 TIMBERS LANE sales from January 2018 and April 2021 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 January 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
2 TIMBERS LANE is 161m² according to the EPC inspection conducted in October 2016. 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 TIMBERS LANE lies on this distribution: 72% of detached houses are smaller than 2 TIMBERS LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
2 TIMBERS LANE sits on a plot of roughly 0.188 of an acre, or 763m². The below map shows the location of 2 TIMBERS 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 TIMBERS 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.
2 TIMBERS LANE is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 2 on TIMBERS LANE.