1, MILEBUSH ROAD, SOUTHSEA, PO4 8NF - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MILEBUSH ROAD is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £450,000 in August 2024, which was around 7% below the average August 2024 detached price in the Portsmouth local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

1 MILEBUSH ROAD Sold Prices

Land registry data shows three sales for 1 MILEBUSH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. One of the three 1 MILEBUSH ROAD sales was for below the average price, whilst two 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
2024 16 AUG	£450,000	£484,834	7% below HPI
2002 29 JUL	£246,000	£208,294	18% above HPI
1998 30 JUN	£135,749	£117,897	15% above HPI

1 MILEBUSH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The three 1 MILEBUSH ROAD sales between June 1998 and August 2024 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 July 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 MILEBUSH ROAD?

1 MILEBUSH ROAD is 102m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 1 MILEBUSH ROAD lies on this distribution: 34% of detached houses are smaller than 1 MILEBUSH ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

1 MILEBUSH ROAD: Plot and Title Map

1 MILEBUSH ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 MILEBUSH 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 1 MILEBUSH 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 1 MILEBUSH ROAD?

1 MILEBUSH ROAD is located in SOUTHSEA, in the PO4 postcode district. The below map shows the position of No. 1 on MILEBUSH ROAD.