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
504 FALMER ROAD is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £367,500 in September 2014, which was around 31% below the average September 2014 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 504 FALMER ROAD since 1st 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. Both of the two 504 FALMER ROAD 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 |
---|---|---|---|
2014 26 SEP | £367,500 | £531,813 | 31% below HPI |
1999 26 FEB | £99,950 | £146,874 | 32% 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 two 504 FALMER ROAD sales from February 1999 and September 2014 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 February 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
504 FALMER ROAD is 193m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 504 FALMER ROAD lies on this distribution: 83% of detached houses are smaller than 504 FALMER ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
504 FALMER ROAD sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 504 FALMER 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 504 FALMER 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.
504 FALMER ROAD is located in BRIGHTON, in the BN2 postcode district. The below map shows the position of No. 504 on FALMER ROAD.