98, MILL LANE, PORTSLADE, BRIGHTON, BN41 2FH - £198,000

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

98 MILL LANE is a very small extended detached house of 60m², built sometime between 1930 and 1949. It was last sold for £198,000 in November 2010, which was around 55% below the average November 2010 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

98 MILL LANE Sold Prices

Land registry data shows two sales for 98 MILL LANE 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 98 MILL LANE 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
2010 19 NOV	£198,000	£439,124	55% below HPI
2004 30 APR	£110,000	£324,977	66% below HPI

98 MILL LANE 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 98 MILL LANE sales from April 2004 and November 2010 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 April 2004 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the November 2010 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 98 MILL LANE?

98 MILL LANE is 60m², which includes one extension, according to the EPC inspection conducted in December 2009. 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 98 MILL LANE lies on this distribution: 4% of detached houses are smaller than 98 MILL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

98 MILL LANE: Plot and Title Map

98 MILL LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 98 MILL LANE, 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 98 MILL LANE). 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 98 MILL LANE?

98 MILL LANE is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 98 on MILL LANE.