50, ELM DRIVE, HOVE, BN3 7JJ - £490,000

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

50 ELM DRIVE is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £490,000 in April 2016, which was around 19% below the average April 2016 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

50 ELM DRIVE Sold Prices

Land registry data shows three sales for 50 ELM DRIVE 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. All of the three 50 ELM DRIVE 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
2016 6 APR	£490,000	£604,540	19% below HPI
2002 6 DEC	£277,000	£299,417	7% below HPI
2000 29 SEP	£175,000	£217,875	20% below HPI

50 ELM DRIVE 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 50 ELM DRIVE sales between September 2000 and April 2016 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 December 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 50 ELM DRIVE?

50 ELM DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 50 ELM DRIVE lies on this distribution: 18% of detached houses are smaller than 50 ELM DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

50 ELM DRIVE: Plot and Title Map

50 ELM DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 50 ELM DRIVE, 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 ELM DRIVE). 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 50 ELM DRIVE?

50 ELM DRIVE is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 50 on ELM DRIVE.