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
58 MILE OAK ROAD is a midsized detached house of 127m², built sometime between 1950 and 1966. It was last sold for £615,000 in May 2022, which was around 24% below the average May 2022 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 58 MILE OAK ROAD since 1st 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 58 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 |
---|---|---|---|
2022 20 MAY | £615,000 | £813,858 | 24% below HPI |
2000 21 NOV | £205,000 | £212,327 | 3% below HPI |
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 58 MILE OAK ROAD sales from November 2000 and May 2022 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 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
58 MILE OAK ROAD is 127m² according to the EPC inspection conducted in December 2021. This puts it in the largest 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 58 MILE OAK ROAD lies on this distribution: 53% of detached houses are smaller than 58 MILE OAK ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
58 MILE OAK ROAD sits on a plot of roughly 0.211 of an acre, or 856m². The below map shows the location of 58 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 58 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.
58 MILE OAK ROAD is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 58 on MILE OAK ROAD.