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
49 GREENBANK AVENUE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £345,000 in February 2020, which was around 48% below the average February 2020 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 49 GREENBANK 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. All of the three 49 GREENBANK 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 |
---|---|---|---|
2020 21 FEB | £345,000 | £669,862 | 48% below HPI |
1997 3 OCT | £82,500 | £127,084 | 35% below HPI |
1995 21 AUG | £58,500 | £97,962 | 40% 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 three 49 GREENBANK AVENUE sales between August 1995 and February 2020 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 October 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
49 GREENBANK AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 49 GREENBANK AVENUE lies on this distribution: 14% of detached houses are smaller than 49 GREENBANK AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
49 GREENBANK AVENUE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 49 GREENBANK 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 49 GREENBANK 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.
49 GREENBANK AVENUE is located in SALTDEAN, in the BN2 postcode district. The below map shows the position of No. 49 on GREENBANK AVENUE.