5, THE DROVEWAY, HOVE, BN3 6LF - £665,000

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

5 THE DROVEWAY is a large extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £665,000 in October 2019, which was about the average October 2019 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

5 THE DROVEWAY Sold Prices

Land registry data shows three sales for 5 THE DROVEWAY since 1^st 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 5 THE DROVEWAY sales were a mix of roughly equal to the average price, and 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
2019 25 OCT	£665,000	£667,135	Close to HPI
2004 27 AUG	£460,000	£343,897	34% above HPI
2000 11 JAN	£185,000	£184,502	Close to HPI

5 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 three 5 THE DROVEWAY sales between January 2000 and October 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 August 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 THE DROVEWAY?

5 THE DROVEWAY is 139m², which includes four extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 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 5 THE DROVEWAY lies on this distribution: 60% of detached houses are smaller than 5 THE DROVEWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

5 THE DROVEWAY: Plot and Title Map

5 THE DROVEWAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 5 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 5 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 5 THE DROVEWAY?

5 THE DROVEWAY is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 5 on THE DROVEWAY.