8, OAKDENE RISE, PORTSLADE, BRIGHTON, BN41 2RS - £565,000

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

8 OAKDENE RISE is a midsized detached house of 122m², built sometime between 1950 and 1966. It was last sold for £565,000 in March 2023, which was around 33% below the average March 2023 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

8 OAKDENE RISE Sold Prices

Land registry data shows two sales for 8 OAKDENE 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 8 OAKDENE 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
2023 1 MAR	£565,000	£840,408	33% below HPI
2009 9 DEC	£260,000	£399,996	35% below HPI

8 OAKDENE 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 8 OAKDENE RISE sales from December 2009 and March 2023 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 December 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 OAKDENE RISE?

8 OAKDENE RISE is 122m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 8 OAKDENE RISE lies on this distribution: 49% of detached houses are smaller than 8 OAKDENE RISE, and 50% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

8 OAKDENE RISE: Plot and Title Map

8 OAKDENE RISE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 8 OAKDENE 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 8 OAKDENE 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 8 OAKDENE RISE?

8 OAKDENE RISE is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 8 on OAKDENE RISE.