22, ELDER CLOSE, PORTSLADE, BRIGHTON, BN41 2ER - £232,500

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

22 ELDER CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £420,727. It was last sold for £232,500 in May 2012, which was around 51% below the average May 2012 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

22 ELDER CLOSE Sold Prices

Land registry data shows three sales for 22 ELDER CLOSE since 1^st 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 22 ELDER CLOSE 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
2012 1 MAY	£232,500	£471,962	51% below HPI
1998 5 AUG	£103,000	£151,979	32% below HPI
1995 31 AUG	£84,950	£104,919	19% below HPI

22 ELDER CLOSE 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 three 22 ELDER CLOSE sales between August 1995 and May 2012 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 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2012 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 22 ELDER CLOSE be worth now?

22 ELDER CLOSE might now be worth an estimated £420,727.

This is based on house price inflation of 81%, between May 2012 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 81% inflationary increase is applied to the most recent sale price for 22 ELDER CLOSE of £232,500 on 1st May 2012. For the value to have increased from £232,500 to £420,727 over the eleven years and five months to December 2024, the following assumptions must hold true:

• The value of 22 ELDER CLOSE has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The May 2012 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 22 ELDER CLOSE has not materially changed since May 2012.

How Large is 22 ELDER CLOSE?

22 ELDER CLOSE is 73m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 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 22 ELDER CLOSE lies on this distribution: 12% of detached houses houses are smaller than 22 ELDER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

22 ELDER CLOSE: Plot and Title Map

22 ELDER CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 22 ELDER CLOSE, 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 22 ELDER CLOSE). 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 22 ELDER CLOSE?

22 ELDER CLOSE is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 22 on ELDER CLOSE.