2, THE RISE, PORTSLADE, BRIGHTON, BN41 2PY - £445,000

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

2 THE RISE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £445,000 in June 2019, which was around 33% below the average June 2019 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 B.

2 THE RISE Sold Prices

Land registry data shows three sales for 2 THE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the three 2 THE RISE sales were for below 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
2019 28 JUN	£445,000	£667,430	33% below HPI
2006 30 AUG	£275,000	£377,594	27% below HPI
2000 22 JUN	£167,500	£201,477	17% below HPI

2 THE RISE 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 three 2 THE RISE sales between June 2000 and June 2019 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 August 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 THE RISE?

2 THE RISE is 112m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% 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 2 THE RISE lies on this distribution: 43% of detached houses are smaller than 2 THE RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

2 THE RISE: Plot and Title Map

2 THE RISE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 THE RISE, 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 2 THE RISE). 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 2 THE RISE?

2 THE RISE is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 2 on THE RISE.