3, MILEBUSH ROAD, SOUTHSEA, PO4 8NF - £310,000

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

3 MILEBUSH ROAD is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £310,000 in July 2015, which was around 10% below the average July 2015 detached price in the Portsmouth local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

3 MILEBUSH ROAD Sold Prices

Land registry data shows three sales for 3 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. The three 3 MILEBUSH ROAD sales were a mix of below the average price, and roughly equal to 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
2015 23 JUL	£310,000	£345,386	10% below HPI
2003 22 SEP	£250,000	£248,790	Close to HPI
1997 30 DEC	£112,500	£115,252	2% below HPI

3 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 3 MILEBUSH ROAD sales between December 1997 and July 2015 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 September 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 MILEBUSH ROAD?

3 MILEBUSH ROAD is 89m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 3 MILEBUSH ROAD lies on this distribution: 24% of detached houses are smaller than 3 MILEBUSH ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

3 MILEBUSH ROAD: Plot and Title Map

3 MILEBUSH ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 3 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 3 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 3 MILEBUSH ROAD?

3 MILEBUSH ROAD is located in SOUTHSEA, in the PO4 postcode district. The below map shows the position of No. 3 on MILEBUSH ROAD.