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
3 FRIAR CLOSE is a very large extended detached house of 231m², built sometime between 1976 and 1982. It was last sold for £1,300,000 in July 2024, which was around 64% above the average July 2024 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 FRIAR CLOSE 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. Both of the two 3 FRIAR CLOSE 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 |
---|---|---|---|
2024 10 JUL | £1,300,000 | £792,848 | 64% above HPI |
2002 20 SEP | £440,000 | £294,946 | 49% 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 3 FRIAR CLOSE sales from September 2002 and July 2024 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 September 2002 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2024 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.
3 FRIAR CLOSE is 231m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Brighton, based on EPC data. The below chart shows the distribution of detached houses by size in Brighton, and where 3 FRIAR CLOSE lies on this distribution: 87% of detached houses are smaller than 3 FRIAR CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Brighton.
3 FRIAR CLOSE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 3 FRIAR 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 3 FRIAR 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.
3 FRIAR CLOSE is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 3 on FRIAR CLOSE.