98, ELM DRIVE, HOVE, BN3 7JL - £520,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

98 ELM DRIVE is a midsized extended terraced house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £502,872. It was last sold for £520,000 in February 2023, which was around 6% above the average February 2023 terraced price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

98 ELM DRIVE Sold Prices

Land registry data shows seven sales for 98 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Brighton and Hove local authority area for the corresponding sale date. Most of the seven 98 ELM DRIVE 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
2023 10 FEB	£520,000	£489,621	6% above HPI
2011 21 MAR	£250,000	£244,660	2% above HPI
2004 27 AUG	£220,000	£198,785	11% above HPI
2003 17 OCT	£192,000	£180,165	7% above HPI
1999 15 JUL	£99,000	£82,886	19% above HPI
1998 15 MAY	£14,500	£70,112	79% below HPI
1996 23 DEC	£59,000	£56,981	4% above HPI

98 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Brighton and Hove local authority area over time, sourced from the HPI. The seven 98 ELM DRIVE sales between December 1996 and February 2023 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 March 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 98 ELM DRIVE be worth now?

98 ELM DRIVE might now be worth an estimated £502,872.

This is based on house price deflation of 3.3%, between February 2023 and June 2025, for terraced houses, in the Brighton and Hove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% deflationary decrease is applied to the most recent sale price for 98 ELM DRIVE of £520,000 on 10th February 2023. For the value to have decreased from £520,000 to £502,872 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 98 ELM DRIVE has moved in line with the HPI for terraced houses in the Brighton and Hove local authority area.
• The February 2023 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 98 ELM DRIVE has not materially changed since February 2023.

How Large is 98 ELM DRIVE?

98 ELM DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of terraced houses houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Brighton and Hove, and where 98 ELM DRIVE lies on this distribution: 46% of terraced houses houses are smaller than 98 ELM DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

98 ELM DRIVE: Plot and Title Map

98 ELM DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 98 ELM DRIVE, 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 98 ELM DRIVE). 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 98 ELM DRIVE?

98 ELM DRIVE is located in HOVE, in the BN3 postcode district. The below map shows the position of No. 98 on ELM DRIVE.