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
38 RIDGEWOOD AVENUE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £475,000 in July 2022, which was around 43% below the average July 2022 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 38 RIDGEWOOD AVENUE since 1st 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 38 RIDGEWOOD 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 |
---|---|---|---|
2022 4 JUL | £475,000 | £837,807 | 43% below HPI |
2015 11 DEC | £337,500 | £598,320 | 44% below HPI |
2003 16 MAY | £182,000 | £320,809 | 43% below 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 three 38 RIDGEWOOD AVENUE sales between May 2003 and July 2022 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 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.
38 RIDGEWOOD AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 38 RIDGEWOOD AVENUE lies on this distribution: 26% of detached houses are smaller than 38 RIDGEWOOD AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
38 RIDGEWOOD AVENUE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 38 RIDGEWOOD 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 RIDGEWOOD 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.
38 RIDGEWOOD AVENUE is located in SALTDEAN, in the BN2 postcode district. The below map shows the position of No. 38 on RIDGEWOOD AVENUE.