48, THE DROVEWAY, HOVE, BN3 6PP - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 THE DROVEWAY is a very large extended detached house of 216m², built sometime between 1930 and 1949, which could now be worth an estimated £1,439,451. It was last sold for £625,000 in June 2005, which was around 69% above the average June 2005 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

48 THE DROVEWAY Sold Prices

Land registry data shows two sales for 48 THE DROVEWAY 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 48 THE DROVEWAY sales were for above 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
2005 24 JUN	£625,000	£370,824	69% above HPI
1997 19 FEB	£170,500	£112,781	51% above HPI

48 THE DROVEWAY 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 48 THE DROVEWAY sales from February 1997 and June 2005 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 February 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2005 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 48 THE DROVEWAY be worth now?

48 THE DROVEWAY might now be worth an estimated £1,439,451.

This is based on house price inflation of 130.3%, between June 2005 and December 2024, for detached houses, in the Brighton and Hove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 130.3% inflationary increase is applied to the most recent sale price for 48 THE DROVEWAY of £625,000 on 24th June 2005. For the value to have increased from £625,000 to £1,439,451 over the eighteen years and six months to December 2024, the following assumptions must hold true:

• The value of 48 THE DROVEWAY has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The June 2005 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 48 THE DROVEWAY has not materially changed since June 2005.

How Large is 48 THE DROVEWAY?

48 THE DROVEWAY is 216m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighton and Hove, and where 48 THE DROVEWAY lies on this distribution: 88% of detached houses houses are smaller than 48 THE DROVEWAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

48 THE DROVEWAY: Plot and Title Map

48 THE DROVEWAY sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of 48 THE DROVEWAY, 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 48 THE DROVEWAY). 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 48 THE DROVEWAY?

48 THE DROVEWAY is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 48 on THE DROVEWAY.