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
40 MEADS AVENUE is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £407,500 in July 2019, which was around 39% below the average July 2019 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 40 MEADS AVENUE since 1st 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 40 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 |
---|---|---|---|
2019 26 JUL | £407,500 | £665,609 | 39% below HPI |
2008 5 DEC | £238,000 | £372,851 | 36% below HPI |
2000 5 SEP | £170,000 | £217,875 | 22% below HPI |
1997 11 JUL | £94,950 | £120,129 | 21% 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 four 40 MEADS AVENUE sales between July 1997 and July 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 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
40 MEADS AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 50% 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 MEADS AVENUE lies on this distribution: 43% of detached houses are smaller than 40 MEADS AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
40 MEADS AVENUE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 40 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 40 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.
40 MEADS AVENUE is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 40 on MEADS AVENUE.