4, THE PARKS, PORTSLADE, BRIGHTON, BN41 2JF - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 THE PARKS is a very small extended detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £436,321. It was last sold for £290,000 in October 2014, which was around 50% below the average October 2014 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

4 THE PARKS Sold Prices

Land registry data shows five sales for 4 THE PARKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the five 4 THE PARKS 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
2014 10 OCT	£290,000	£575,029	50% below HPI
2007 12 DEC	£248,000	£465,250	47% below HPI
2007 3 AUG	£227,500	£467,836	51% below HPI
2005 18 MAR	£210,000	£370,426	43% below HPI
1996 30 DEC	£80,000	£114,537	30% below HPI

4 THE PARKS 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 five 4 THE PARKS sales between December 1996 and October 2014 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 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 4 THE PARKS be worth now?

4 THE PARKS might now be worth an estimated £436,321.

This is based on house price inflation of 50.5%, between October 2014 and February 2025, 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 50.5% inflationary increase is applied to the most recent sale price for 4 THE PARKS of £290,000 on 10th October 2014. For the value to have increased from £290,000 to £436,321 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 THE PARKS has moved in line with the HPI for detached houses in the Brighton and Hove local authority area.
• The October 2014 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE PARKS has not materially changed since October 2014.

How Large is 4 THE PARKS?

4 THE PARKS is 69m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighton and Hove, and where 4 THE PARKS lies on this distribution: 8% of detached houses houses are smaller than 4 THE PARKS, and 91% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

4 THE PARKS: Plot and Title Map

4 THE PARKS sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 4 THE PARKS, 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 4 THE PARKS). 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 4 THE PARKS?

4 THE PARKS is located in PORTSLADE, in the BN41 postcode district. The below map shows the position of No. 4 on THE PARKS.