3, THE RIDINGS, OVINGDEAN, BRIGHTON, BN2 7AE - £830,000

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

3 THE RIDINGS is a large extended detached house of 162m², built sometime between 1996 and 2002. It was last sold for £830,000 in October 2019, which was around 24% above the average October 2019 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

3 THE RIDINGS Sold Prices

Land registry data shows four sales for 3 THE RIDINGS 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 3 THE RIDINGS 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
2019 4 OCT	£830,000	£667,135	24% above HPI
2013 18 DEC	£710,000	£478,822	48% above HPI
2006 4 OCT	£567,000	£383,781	48% above HPI
1999 25 AUG	£295,000	£160,173	84% above HPI

3 THE RIDINGS 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 3 THE RIDINGS sales between August 1999 and October 2019 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 December 2013 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 THE RIDINGS?

3 THE RIDINGS is 162m², which includes one extension, according to the EPC inspection conducted in September 2013. 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 3 THE RIDINGS lies on this distribution: 72% of detached houses are smaller than 3 THE RIDINGS, and 27% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

3 THE RIDINGS: Plot and Title Map

3 THE RIDINGS sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 3 THE RIDINGS, 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 THE RIDINGS). 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 3 THE RIDINGS?

3 THE RIDINGS is located in OVINGDEAN, in the BN2 postcode district. The below map shows the position of No. 3 on THE RIDINGS.