3, LADIES MILE CLOSE, BRIGHTON, BN1 8TS - £442,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LADIES MILE CLOSE is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £496,250. It was last sold for £442,500 in March 2021, which was around 42% below the average March 2021 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

3 LADIES MILE CLOSE Sold Prices

Land registry data shows two sales for 3 LADIES MILE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. Both of the two 3 LADIES MILE CLOSE 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
2021 1 MAR	£442,500	£761,549	42% below HPI
2001 29 AUG	£158,000	£268,888	41% below HPI

3 LADIES MILE CLOSE 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 two 3 LADIES MILE CLOSE sales from August 2001 and March 2021 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 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 3 LADIES MILE CLOSE be worth now?

3 LADIES MILE CLOSE might now be worth an estimated £496,250.

This is based on house price inflation of 12.1%, between March 2021 and December 2024, 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 12.1% inflationary increase is applied to the most recent sale price for 3 LADIES MILE CLOSE of £442,500 on 1st March 2021. For the value to have increased from £442,500 to £496,250 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 3 LADIES MILE CLOSE has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The March 2021 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LADIES MILE CLOSE has not materially changed since March 2021.

How Large is 3 LADIES MILE CLOSE?

3 LADIES MILE CLOSE is 86m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses houses in Brighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighton, and where 3 LADIES MILE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 3 LADIES MILE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Brighton.

3 LADIES MILE CLOSE: Plot and Title Map

3 LADIES MILE CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 3 LADIES MILE CLOSE, 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 3 LADIES MILE CLOSE). 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 3 LADIES MILE CLOSE?

3 LADIES MILE CLOSE is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 3 on LADIES MILE CLOSE.