321, MILE OAK ROAD, PORTSLADE, BRIGHTON, BN41 2RB - £319,000

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

321 MILE OAK ROAD is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £319,000 in February 2016, which was around 47% below the average February 2016 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

321 MILE OAK ROAD Sold Prices

Land registry data shows three sales for 321 MILE OAK 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 Brighton and Hove local authority area for the corresponding sale date. All of the three 321 MILE OAK ROAD 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
2016 12 FEB	£319,000	£603,851	47% below HPI
2013 23 OCT	£249,950	£481,284	48% below HPI
2006 12 JUN	£140,000	£366,988	62% below HPI

321 MILE OAK ROAD 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 321 MILE OAK ROAD sales between June 2006 and February 2016 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 October 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2016 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 321 MILE OAK ROAD?

321 MILE OAK ROAD is 90m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% 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 321 MILE OAK ROAD lies on this distribution: 26% of detached houses are smaller than 321 MILE OAK ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

321 MILE OAK ROAD: Plot and Title Map

321 MILE OAK ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 321 MILE OAK 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 321 MILE OAK 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 321 MILE OAK ROAD?

321 MILE OAK ROAD is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 321 on MILE OAK ROAD.