NEWLANDS, OVINGDEAN ROAD, OVINGDEAN, BRIGHTON, BN2 7AA - £1,520,000

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

NEWLANDS is a very large detached house of 398m², built sometime between 1983 and 1990. It was last sold for £1,520,000 in March 2021, which was around 114% above the average March 2021 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

NEWLANDS Sold Prices

Land registry data shows five sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the five NEWLANDS sales were for above 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
2021 5 MAR	£1,520,000	£711,056	114% above HPI
2016 29 NOV	£1,250,000	£624,909	100% above HPI
2006 17 MAY	£1,270,000	£362,265	251% above HPI
2003 4 AUG	£800,000	£322,372	148% above HPI
1997 24 NOV	£400,000	£128,484	211% above HPI

NEWLANDS 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 five NEWLANDS sales between November 1997 and March 2021 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 2016 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the March 2021 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is NEWLANDS?

NEWLANDS is 398m² according to the EPC inspection conducted in January 2014. This puts it in the largest 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 NEWLANDS lies on this distribution: 99% of detached houses are smaller than NEWLANDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.391 of an acre, or 1,583m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on OVINGDEAN ROAD in OVINGDEAN, in the BN2 postcode district. The below map shows the position of NEWLANDS on OVINGDEAN ROAD.