403A, MILE OAK ROAD, PORTSLADE, BRIGHTON, BN41 2RD - £390,000

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

403A MILE OAK ROAD is a midsized detached house of 118m², built sometime between 1950 and 1966. It was last sold for £390,000 in December 2019, which was around 42% below the average December 2019 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

403A MILE OAK ROAD Sold Prices

Land registry data shows three sales for 403A 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 403A 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
2019 18 DEC	£390,000	£667,752	42% below HPI
2004 10 NOV	£242,000	£349,662	31% below HPI
2000 19 APR	£169,000	£190,411	11% below HPI

403A 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 403A MILE OAK ROAD sales between April 2000 and December 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 November 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 403A MILE OAK ROAD?

403A MILE OAK ROAD is 118m² according to the EPC inspection conducted in March 2022. 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 403A MILE OAK ROAD lies on this distribution: 47% of detached houses are smaller than 403A MILE OAK ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

403A MILE OAK ROAD: Plot and Title Map

403A MILE OAK ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 403A 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 403A 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 403A MILE OAK ROAD?

403A MILE OAK ROAD is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 403A on MILE OAK ROAD.