38, MEADS AVENUE, HOVE, BN3 8EE - £265,000

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

38 MEADS AVENUE is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £265,000 in January 2008, which was around 39% below the average January 2008 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

38 MEADS AVENUE Sold Prices

Land registry data shows four sales for 38 MEADS AVENUE 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 38 MEADS AVENUE 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
2008 21 JAN	£265,000	£432,813	39% below HPI
2007 16 MAY	£260,000	£413,348	37% below HPI
2001 19 APR	£162,000	£221,519	27% below HPI
1997 21 NOV	£97,500	£128,484	24% below HPI

38 MEADS AVENUE 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 38 MEADS AVENUE sales between November 1997 and January 2008 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 May 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2008 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 38 MEADS AVENUE?

38 MEADS AVENUE is 95m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% 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 38 MEADS AVENUE lies on this distribution: 30% of detached houses are smaller than 38 MEADS AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

38 MEADS AVENUE: Plot and Title Map

38 MEADS AVENUE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 38 MEADS AVENUE, 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 38 MEADS AVENUE). 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 38 MEADS AVENUE?

38 MEADS AVENUE is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 38 on MEADS AVENUE.