5, MARTYNS CLOSE, OVINGDEAN, BRIGHTON, BN2 7BU - £315,000

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.

5 MARTYNS CLOSE is a small detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £570,320. It was last sold for £315,000 in July 2011, which was around 32% below the average July 2011 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

5 MARTYNS CLOSE Sold Prices

Land registry data shows one sale for 5 MARTYNS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 25 JUL	£315,000	£465,712	32% below HPI

What might 5 MARTYNS CLOSE be worth now?

5 MARTYNS CLOSE might now be worth an estimated £570,320.

This is based on house price inflation of 81.1%, between July 2011 and May 2026, for detached 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 81.1% inflationary increase is applied to the most recent sale price for 5 MARTYNS CLOSE of £315,000 on 25th July 2011. For the value to have increased from £315,000 to £570,320 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 5 MARTYNS CLOSE has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The July 2011 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARTYNS CLOSE has not materially changed since July 2011.

How Large is 5 MARTYNS CLOSE?

5 MARTYNS CLOSE is 109m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% 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 5 MARTYNS CLOSE lies on this distribution: 38% of detached houses are smaller than 5 MARTYNS CLOSE, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

5 MARTYNS CLOSE: Plot

5 MARTYNS CLOSE sits on a plot of roughly 0.088 of an acre, or 358m².

Where is 5 MARTYNS CLOSE?

5 MARTYNS CLOSE is located in OVINGDEAN, in the BN2 postcode district.