51, ERROLL ROAD, HOVE, BN3 4QF - £355,000

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

51 ERROLL ROAD is a very small detached house of 68m², built sometime between 1900 and 1929. It was last sold for £355,000 in February 2020, which was around 47% below the average February 2020 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2019, where the current energy rating was G, and the potential energy rating was B.

51 ERROLL ROAD Sold Prices

Land registry data shows two sales for 51 ERROLL 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. Both of the two 51 ERROLL 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
2020 28 FEB	£355,000	£669,862	47% below HPI
2019 11 DEC	£317,000	£667,752	53% below HPI

51 ERROLL 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 51 ERROLL ROAD sales from December 2019 and February 2020 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 2019 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2020 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 51 ERROLL ROAD?

51 ERROLL ROAD is 68m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 51 ERROLL ROAD lies on this distribution: 8% of detached houses are smaller than 51 ERROLL ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

51 ERROLL ROAD: Plot and Title Map

51 ERROLL ROAD sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 51 ERROLL 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 51 ERROLL 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 51 ERROLL ROAD?

51 ERROLL ROAD is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 51 on ERROLL ROAD.