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
8 ALBANY MEWS is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £465,000 in December 2019, which was around 30% below the average December 2019 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 8 ALBANY MEWS since 1st 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 8 ALBANY MEWS 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 |
---|---|---|---|
2019 16 DEC | £465,000 | £667,752 | 30% below HPI |
2010 16 NOV | £271,200 | £439,124 | 38% below HPI |
2009 23 DEC | £300,000 | £399,996 | 25% 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 three 8 ALBANY MEWS sales between December 2009 and December 2019 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 November 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
8 ALBANY MEWS is 66m² according to the EPC inspection conducted in May 2010. 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 8 ALBANY MEWS lies on this distribution: 7% of detached houses are smaller than 8 ALBANY MEWS, and 93% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
8 ALBANY MEWS sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 8 ALBANY MEWS, 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 8 ALBANY MEWS). 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.
8 ALBANY MEWS is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 8 on ALBANY MEWS.