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
50 BANKSIDE is a large extended semi-detached house of 164m², built sometime between 1930 and 1949. It was last sold for £665,000 in May 2017, which was around 5% above the average May 2017 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 50 BANKSIDE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. two of the four 50 BANKSIDE sales were for above the average price, and four 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 |
---|---|---|---|
2017 11 MAY | £665,000 | £633,102 | 5% above HPI |
2014 10 JAN | £499,950 | £484,486 | 3% above HPI |
2009 9 DEC | £395,000 | £399,996 | 1% below HPI |
2005 12 AUG | £249,950 | £349,499 | 28% 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 four 50 BANKSIDE sales between August 2005 and May 2017 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 January 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
50 BANKSIDE is 164m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Brighton, based on EPC data. The below chart shows the distribution of detached houses by size in Brighton, and where 50 BANKSIDE lies on this distribution: 65% of detached houses are smaller than 50 BANKSIDE, and 34% of houses are larger. Note that EPC data is not available for all properties in Brighton.
50 BANKSIDE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 50 BANKSIDE, 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 50 BANKSIDE). 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.
50 BANKSIDE is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 50 on BANKSIDE.