12, MILL LANE, PORTSLADE, BRIGHTON, BN41 2DE - £613,000

12 MILL LANE is a midsized extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £613,000 in June 2017, which was around 3% below the average June 2017 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

12 MILL LANE Sold Prices

Land registry data shows two sales for 12 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 12 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
2017 1 JUN	£613,000	£634,236	3% below HPI
2013 29 MAY	£360,000	£453,620	21% below HPI

12 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 12 MILL LANE sales from May 2013 and June 2017 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 12 MILL LANE?

12 MILL LANE is 130m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 12 MILL LANE lies on this distribution: 56% of detached houses are smaller than 12 MILL LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

12 MILL LANE: Plot and Title Map

12 MILL LANE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 12 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 12 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 12 MILL LANE?

12 MILL LANE is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 12 on MILL LANE.