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
40 LUSTRELLS VALE is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £317,000 in September 2014, which was around 40% below the average September 2014 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 40 LUSTRELLS VALE 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 40 LUSTRELLS VALE 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 |
---|---|---|---|
2014 26 SEP | £317,000 | £531,813 | 40% below HPI |
2008 17 MAR | £249,950 | £439,721 | 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 two 40 LUSTRELLS VALE sales from March 2008 and September 2014 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 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
40 LUSTRELLS VALE is 102m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 40 LUSTRELLS VALE lies on this distribution: 34% of detached houses are smaller than 40 LUSTRELLS VALE, and 65% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
40 LUSTRELLS VALE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 40 LUSTRELLS VALE, 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 40 LUSTRELLS VALE). 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.
40 LUSTRELLS VALE is located in SALTDEAN, in the BN2 postcode district. The below map shows the position of No. 40 on LUSTRELLS VALE.