5, THE PARKS, PORTSLADE, BRIGHTON, BN41 2JF - £320,000

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

5 THE PARKS is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £320,000 in March 2016, which was around 48% below the average March 2016 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

5 THE PARKS Sold Prices

Land registry data shows three sales for 5 THE PARKS 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 5 THE PARKS 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 17 MAR	£320,000	£609,745	48% below HPI
2008 1 FEB	£247,500	£433,505	43% below HPI
1997 23 JUN	£95,495	£116,679	18% below HPI

5 THE PARKS 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 5 THE PARKS sales between June 1997 and March 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 February 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 5 THE PARKS?

5 THE PARKS is 78m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 5 THE PARKS lies on this distribution: 16% of detached houses are smaller than 5 THE PARKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

5 THE PARKS: Plot and Title Map

5 THE PARKS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 5 THE PARKS, 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 5 THE PARKS). 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 5 THE PARKS?

5 THE PARKS is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 5 on THE PARKS.