24, THE DROVEWAY, HOVE, BN3 6LE - £950,000

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

24 THE DROVEWAY is a very large detached house of 277m², built sometime between 1900 and 1929. It was last sold for £950,000 in July 2015, which was around 69% above the average July 2015 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

24 THE DROVEWAY Sold Prices

Land registry data shows three sales for 24 THE DROVEWAY 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 24 THE DROVEWAY 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
2015 30 JUL	£950,000	£561,391	69% above HPI
2010 25 JUN	£995,000	£429,920	131% above HPI
2002 12 JUL	£392,500	£281,169	40% above HPI

24 THE DROVEWAY 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 24 THE DROVEWAY sales between July 2002 and July 2015 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 June 2010 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the July 2015 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 24 THE DROVEWAY?

24 THE DROVEWAY is 277m² according to the EPC inspection conducted in June 2009. This puts it in the largest 10% 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 24 THE DROVEWAY lies on this distribution: 95% of detached houses are smaller than 24 THE DROVEWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

24 THE DROVEWAY: Plot and Title Map

24 THE DROVEWAY sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of 24 THE DROVEWAY, 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 24 THE DROVEWAY). 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 24 THE DROVEWAY?

24 THE DROVEWAY is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 24 on THE DROVEWAY.