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
45 MEADS AVENUE is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £500,000 in February 2021, which was around 30% below the average February 2021 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 45 MEADS 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. The three 45 MEADS AVENUE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2021 26 FEB | £500,000 | £714,871 | 30% below HPI |
2018 24 AUG | £532,500 | £669,460 | 20% below HPI |
1997 30 JUN | £116,500 | £116,679 | Close to 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 45 MEADS AVENUE sales between June 1997 and February 2021 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 August 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
45 MEADS AVENUE is 89m² according to the EPC inspection conducted in July 2017. 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 45 MEADS AVENUE lies on this distribution: 25% of detached houses are smaller than 45 MEADS AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
45 MEADS AVENUE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 45 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 45 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.
45 MEADS AVENUE is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 45 on MEADS AVENUE.