4, PARK CLOSE, BRIGHTON, BN1 9AJ - £482,500

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

4 PARK CLOSE is a very small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £482,500 in March 2023, which was around 43% below the average March 2023 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was November 2023, where the current energy rating was F, and the potential energy rating was B.

4 PARK CLOSE Sold Prices

Land registry data shows two sales for 4 PARK CLOSE since 1^st 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 4 PARK CLOSE 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
2023 15 MAR	£482,500	£840,408	43% below HPI
2015 5 MAR	£310,000	£535,513	42% below HPI

4 PARK CLOSE 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 two 4 PARK CLOSE sales from March 2015 and March 2023 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 March 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 4 PARK CLOSE?

4 PARK CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 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 4 PARK CLOSE lies on this distribution: 16% of detached houses are smaller than 4 PARK CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Brighton.

4 PARK CLOSE: Plot and Title Map

4 PARK CLOSE sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 4 PARK 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 4 PARK 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.

Where is 4 PARK CLOSE?

4 PARK CLOSE is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 4 on PARK CLOSE.