55, OLD MILL CLOSE, BRIGHTON, BN1 8WE - £899,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 OLD MILL CLOSE is a very large extended detached house of 245m², built sometime between 1930 and 1949, which could now be worth an estimated £1,002,408. It was last sold for £899,995 in June 2021, which was around 16% above the average June 2021 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

55 OLD MILL CLOSE Sold Prices

Land registry data shows two sales for 55 OLD MILL CLOSE 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. One of the two 55 OLD MILL CLOSE sales was for above the average price, whilst the other was 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
2021 11 JUN	£899,995	£776,772	16% above HPI
2009 6 JUL	£265,000	£390,210	32% below HPI

55 OLD MILL CLOSE 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 55 OLD MILL CLOSE sales from July 2009 and June 2021 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 July 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 55 OLD MILL CLOSE be worth now?

55 OLD MILL CLOSE might now be worth an estimated £1,002,408.

This is based on house price inflation of 11.4%, between June 2021 and February 2025, for detached houses, in the Brighton and Hove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.4% inflationary increase is applied to the most recent sale price for 55 OLD MILL CLOSE of £899,995 on 11th June 2021. For the value to have increased from £899,995 to £1,002,408 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 55 OLD MILL CLOSE has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The June 2021 sale price of £899,995 represented a fair market value for the property.
• The size, condition, and specification of 55 OLD MILL CLOSE has not materially changed since June 2021.

How Large is 55 OLD MILL CLOSE?

55 OLD MILL CLOSE is 245m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% of detached houses houses in Brighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighton, and where 55 OLD MILL CLOSE lies on this distribution: 89% of detached houses houses are smaller than 55 OLD MILL CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Brighton.

55 OLD MILL CLOSE: Plot and Title Map

55 OLD MILL CLOSE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 55 OLD MILL CLOSE, 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 55 OLD MILL CLOSE). 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 55 OLD MILL CLOSE?

55 OLD MILL CLOSE is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 55 on OLD MILL CLOSE.