40, MILE OAK ROAD, SOUTHWICK, BRIGHTON, BN42 4QH - £240,000

40 MILE OAK ROAD is a small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £240,000 in July 2012, which was around 24% below the average July 2012 detached price in the Adur local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

40 MILE OAK ROAD Sold Prices

Land registry data shows two sales for 40 MILE OAK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Both of the two 40 MILE OAK ROAD 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
2012 20 JUL	£240,000	£315,494	24% below HPI
1996 15 NOV	£64,000	£90,345	29% below HPI

40 MILE OAK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The two 40 MILE OAK ROAD sales from November 1996 and July 2012 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 November 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2012 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 MILE OAK ROAD?

40 MILE OAK ROAD is 78m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 40 MILE OAK ROAD lies on this distribution: 20% of detached houses are smaller than 40 MILE OAK ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Southwick.

40 MILE OAK ROAD: Plot and Title Map

40 MILE OAK ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 40 MILE OAK ROAD, 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 40 MILE OAK ROAD). 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 40 MILE OAK ROAD?

40 MILE OAK ROAD is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 40 on MILE OAK ROAD.