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
114 MILL ROAD is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £340,000 in October 2015, which was around 37% below the average October 2015 detached price in the Mid Sussex local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 114 MILL ROAD since 1st 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 114 MILL 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 |
---|---|---|---|
2015 2 OCT | £340,000 | £540,231 | 37% below HPI |
1995 2 MAR | £75,850 | £123,545 | 39% 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 two 114 MILL ROAD sales from March 1995 and October 2015 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 March 1995 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
114 MILL ROAD is 75m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 114 MILL ROAD lies on this distribution: 6% of detached houses are smaller than 114 MILL ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.
114 MILL ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 114 MILL 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 114 MILL 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.
114 MILL ROAD is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 114 on MILL ROAD.