11, PARK CLOSE, BURGESS HILL, RH15 8HL - £380,000

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.

11 PARK CLOSE is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £449,923. It was last sold for £380,000 in November 2020, which was around 40% below the average November 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

11 PARK CLOSE Sold Prices

Land registry data shows two sales for 11 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two 11 PARK 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
2020 16 NOV	£380,000	£631,426	40% below HPI
1999 8 JAN	£99,000	£181,320	45% below HPI

11 PARK 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 two 11 PARK CLOSE sales from January 1999 and November 2020 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 January 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 11 PARK CLOSE be worth now?

11 PARK CLOSE might now be worth an estimated £449,923.

This is based on house price inflation of 18.4%, between November 2020 and February 2025, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 11 PARK CLOSE of £380,000 on 16th November 2020. For the value to have increased from £380,000 to £449,923 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 PARK CLOSE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The November 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PARK CLOSE has not materially changed since November 2020.

How Large is 11 PARK CLOSE?

11 PARK CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses houses in Burgess Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burgess Hill, and where 11 PARK CLOSE lies on this distribution: 31% of detached houses houses are smaller than 11 PARK CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

11 PARK CLOSE: Plot and Title Map

11 PARK CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 11 PARK 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 PARK 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 PARK CLOSE?

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