53, MILE OAK ROAD, PORTSLADE, BRIGHTON, BN41 2PF - £400,000

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

53 MILE OAK ROAD is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £400,000 in July 2024, which was around 50% below the average July 2024 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

53 MILE OAK ROAD Sold Prices

Land registry data shows two sales for 53 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 53 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
2024 5 JUL	£400,000	£792,848	50% below HPI
1997 24 OCT	£79,000	£127,084	38% below HPI

53 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 53 MILE OAK ROAD sales from October 1997 and July 2024 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 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2024 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 53 MILE OAK ROAD?

53 MILE OAK ROAD is 69m² according to the EPC inspection conducted in June 2023. 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 53 MILE OAK ROAD lies on this distribution: 8% of detached houses are smaller than 53 MILE OAK ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

53 MILE OAK ROAD: Plot and Title Map

53 MILE OAK ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 53 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 53 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 53 MILE OAK ROAD?

53 MILE OAK ROAD is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 53 on MILE OAK ROAD.