PREAMBLES, OVINGDEAN ROAD, OVINGDEAN, BRIGHTON, BN2 7BB - £410,000

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.

PREAMBLES is a very large extended detached house of 255m², built sometime between 1950 and 1966, which could now be worth an estimated £745,023. It was last sold for £410,000 in May 2011, which was around 12% below the average May 2011 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

PREAMBLES Sold Prices

Land registry data shows one sale for PREAMBLES 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 16 MAY	£410,000	£464,023	12% below HPI

What might PREAMBLES be worth now?

PREAMBLES might now be worth an estimated £745,023.

This is based on house price inflation of 81.7%, between May 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 81.7% inflationary increase is applied to the most recent sale price for PREAMBLES of £410,000 on 16th May 2011. For the value to have increased from £410,000 to £745,023 over the fifteen years to May 2026, the following assumptions must hold true:

• The value of PREAMBLES has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The May 2011 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of PREAMBLES has not materially changed since May 2011.

How Large is PREAMBLES?

PREAMBLES is 255m², which includes two extensions, according to the EPC inspection conducted in May 2017. 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 PREAMBLES lies on this distribution: 93% of detached houses are smaller than PREAMBLES, and 7% of detached houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

PREAMBLES: Plot

PREAMBLES sits on a plot of roughly 0.229 of an acre, or 926m².

Where is PREAMBLES?

PREAMBLES is located on OVINGDEAN ROAD in OVINGDEAN, in the BN2 postcode district.