7, MILL RISE, BRIGHTON, BN1 5GD - £515,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MILL RISE is a small extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £515,000 in November 2018, which was around 28% below the average November 2018 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

7 MILL RISE Sold Prices

Land registry data shows two sales for 7 MILL RISE 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 7 MILL RISE 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 2 NOV	£515,000	£710,522	28% below HPI
2009 15 MAY	£305,000	£373,298	18% below HPI

7 MILL RISE 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 7 MILL RISE sales from May 2009 and November 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 May 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 7 MILL RISE be worth now?

7 MILL RISE might now be worth an estimated £619,034.

This is based on house price inflation of 20.2%, between November 2018 and December 2024, 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 20.2% inflationary increase is applied to the most recent sale price for 7 MILL RISE of £515,000 on 2nd November 2018. For the value to have increased from £515,000 to £619,034 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 MILL RISE has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The November 2018 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILL RISE has not materially changed since November 2018.

How Large is 7 MILL RISE?

7 MILL RISE is 116m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% 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 7 MILL RISE lies on this distribution: 33% of detached houses houses are smaller than 7 MILL RISE, and 66% of houses are larger. Note that EPC data is not available for all properties in Brighton.

7 MILL RISE: Plot and Title Map

7 MILL RISE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 7 MILL RISE, 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 7 MILL RISE). 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 7 MILL RISE?

7 MILL RISE is located in BRIGHTON, in the BN1 postcode district. The below map shows the position of No. 7 on MILL RISE.