11, MICHELBOURNE CLOSE, BURGESS HILL, RH15 9QX - £155,000

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

11 MICHELBOURNE CLOSE is a very small detached house of 41m², built sometime between 1996 and 2002. It was last sold for £155,000 in January 2012, which was around 63% below the average January 2012 detached price in the Mid Sussex local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

11 MICHELBOURNE CLOSE Sold Prices

Land registry data shows three sales for 11 MICHELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the three 11 MICHELBOURNE 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
2012 25 JAN	£155,000	£414,689	63% below HPI
2007 6 SEP	£173,500	£432,560	60% below HPI
2003 25 JUN	£120,000	£327,686	63% below HPI

11 MICHELBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The three 11 MICHELBOURNE CLOSE sales between June 2003 and January 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 September 2007 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the January 2012 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 11 MICHELBOURNE CLOSE?

11 MICHELBOURNE CLOSE is 41m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% 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 11 MICHELBOURNE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 11 MICHELBOURNE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

11 MICHELBOURNE CLOSE: Plot and Title Map

11 MICHELBOURNE CLOSE sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 11 MICHELBOURNE 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 11 MICHELBOURNE 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.

Where is 11 MICHELBOURNE CLOSE?

11 MICHELBOURNE CLOSE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 11 on MICHELBOURNE CLOSE.