5, VALLANCE ROAD, HOVE, BN3 2DA - £498,500

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 VALLANCE ROAD is a very large extended detached house of 193m², built sometime between 1900 and 1929. It was last sold for £498,500 in February 2005, which was around 43% above the average February 2005 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

5 VALLANCE ROAD Sold Prices

Land registry data shows two sales for 5 VALLANCE ROAD 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. One of the two 5 VALLANCE ROAD sales was for above the average price, whilst the other was 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
2005 25 FEB	£498,500	£347,655	43% above HPI
2004 8 OCT	£340,000	£353,021	4% below HPI

5 VALLANCE ROAD 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 5 VALLANCE ROAD sales from October 2004 and February 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 October 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2005 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 5 VALLANCE ROAD?

5 VALLANCE ROAD is 193m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 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 5 VALLANCE ROAD lies on this distribution: 83% of detached houses are smaller than 5 VALLANCE ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

5 VALLANCE ROAD: Plot and Title Map

5 VALLANCE ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 5 VALLANCE ROAD, 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 VALLANCE ROAD). 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 VALLANCE ROAD?

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