418, MILE OAK ROAD, PORTSLADE, BRIGHTON, BN41 2RA - £345,000

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

418 MILE OAK ROAD is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £345,000 in September 2018, which was around 48% below the average September 2018 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

418 MILE OAK ROAD Sold Prices

Land registry data shows five sales for 418 MILE OAK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the five 418 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
2018 26 SEP	£345,000	£660,899	48% below HPI
2017 31 AUG	£328,500	£654,224	50% below HPI
2014 24 SEP	£249,950	£531,813	53% below HPI
2010 3 AUG	£198,000	£443,219	55% below HPI
2003 16 APR	£145,000	£315,520	54% below HPI

418 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 five 418 MILE OAK ROAD sales between April 2003 and September 2018 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 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2018 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 418 MILE OAK ROAD?

418 MILE OAK ROAD is 68m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 418 MILE OAK ROAD lies on this distribution: 8% of detached houses are smaller than 418 MILE OAK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

418 MILE OAK ROAD: Plot and Title Map

418 MILE OAK ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 418 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 418 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 418 MILE OAK ROAD?

418 MILE OAK ROAD is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 418 on MILE OAK ROAD.