22, FARMWAY CLOSE, HOVE, BN3 8AE - £465,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 FARMWAY CLOSE is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £508,389. It was last sold for £465,000 in September 2021, which was around 41% below the average September 2021 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

22 FARMWAY CLOSE Sold Prices

Land registry data shows four sales for 22 FARMWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the four 22 FARMWAY 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
2021 29 SEP	£465,000	£794,703	41% below HPI
2004 3 NOV	£235,000	£374,492	37% below HPI
2002 20 AUG	£200,000	£308,281	35% below HPI
1998 22 DEC	£91,500	£156,525	42% below HPI

22 FARMWAY 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 four 22 FARMWAY CLOSE sales between December 1998 and September 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 November 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 22 FARMWAY CLOSE be worth now?

22 FARMWAY CLOSE might now be worth an estimated £508,389.

This is based on house price inflation of 9.3%, between September 2021 and March 2025, 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 9.3% inflationary increase is applied to the most recent sale price for 22 FARMWAY CLOSE of £465,000 on 29th September 2021. For the value to have increased from £465,000 to £508,389 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 22 FARMWAY CLOSE has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The September 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 22 FARMWAY CLOSE has not materially changed since September 2021.

How Large is 22 FARMWAY CLOSE?

22 FARMWAY CLOSE is 80m² according to the EPC inspection conducted in August 2021. 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 FARMWAY CLOSE lies on this distribution: 18% of detached houses houses are smaller than 22 FARMWAY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

22 FARMWAY CLOSE: Plot and Title Map

22 FARMWAY CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 22 FARMWAY 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 FARMWAY 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 FARMWAY CLOSE?

22 FARMWAY CLOSE is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 22 on FARMWAY CLOSE.