Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 FOLDERS CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £390,000 in September 2011, which was around 9% below the average September 2011 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 1 FOLDERS CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the four 1 FOLDERS CLOSE 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 |
---|---|---|---|
2011 16 SEP | £390,000 | £428,130 | 9% below HPI |
2010 21 SEP | £385,000 | £428,897 | 10% below HPI |
2002 16 OCT | £295,000 | £307,006 | 4% below HPI |
1996 26 JUN | £120,000 | £124,318 | 3% below HPI |
The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The four 1 FOLDERS CLOSE sales between June 1996 and September 2011 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 September 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
1 FOLDERS CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Burgess Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Burgess Hill, and where 1 FOLDERS CLOSE lies on this distribution: 29% of detached houses are smaller than 1 FOLDERS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.
1 FOLDERS CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 FOLDERS CLOSE, 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 1 FOLDERS CLOSE). 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.
1 FOLDERS CLOSE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 1 on FOLDERS CLOSE.