355, MILE OAK ROAD, PORTSLADE, BRIGHTON, BN41 2RD - £500,000

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

355 MILE OAK ROAD is a very small extended detached house of 52m², built sometime between 1930 and 1949. It was last sold for £500,000 in September 2023, which was around 39% below the average September 2023 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was C.

355 MILE OAK ROAD Sold Prices

Land registry data shows two sales for 355 MILE OAK ROAD 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 355 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
2023 27 SEP	£500,000	£821,159	39% below HPI
2011 1 DEC	£370,000	£440,047	16% below HPI

355 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 two 355 MILE OAK ROAD sales from December 2011 and September 2023 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 December 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 355 MILE OAK ROAD?

355 MILE OAK ROAD is 52m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 355 MILE OAK ROAD lies on this distribution: 2% of detached houses are smaller than 355 MILE OAK ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

355 MILE OAK ROAD: Plot and Title Map

355 MILE OAK ROAD sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 355 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 355 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 355 MILE OAK ROAD?

355 MILE OAK ROAD is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 355 on MILE OAK ROAD.