8, MARGERY ROAD, HOVE, BN3 7GQ - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MARGERY ROAD is a small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £210,000 in December 2012, which was around 53% below the average December 2012 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

8 MARGERY ROAD Sold Prices

Land registry data shows two sales for 8 MARGERY 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 8 MARGERY 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
2012 6 DEC	£210,000	£449,981	53% below HPI
2003 10 DEC	£229,950	£324,419	29% below HPI

8 MARGERY 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 8 MARGERY ROAD sales from December 2003 and December 2012 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 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2012 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 8 MARGERY ROAD?

8 MARGERY ROAD is 93m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% 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 MARGERY ROAD lies on this distribution: 28% of detached houses are smaller than 8 MARGERY ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

8 MARGERY ROAD: Plot and Title Map

8 MARGERY ROAD sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 8 MARGERY 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 8 MARGERY 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 8 MARGERY ROAD?

8 MARGERY ROAD is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 8 on MARGERY ROAD.