12, THE RIDINGS, BURGESS HILL, RH15 0LW - £382,500

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.

12 THE RIDINGS is a very small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £452,721. It was last sold for £382,500 in August 2018, which was around 39% below the average August 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

12 THE RIDINGS Sold Prices

Land registry data shows four sales for 12 THE RIDINGS since 1^st 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 12 THE RIDINGS 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
2018 24 AUG	£382,500	£631,651	39% below HPI
2010 4 NOV	£250,000	£435,552	43% below HPI
2006 12 APR	£242,500	£377,177	36% below HPI
2002 22 MAR	£167,500	£291,026	42% below HPI

12 THE RIDINGS 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 four 12 THE RIDINGS sales between March 2002 and August 2018 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 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2018 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 12 THE RIDINGS be worth now?

12 THE RIDINGS might now be worth an estimated £452,721.

This is based on house price inflation of 18.4%, between August 2018 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 12 THE RIDINGS of £382,500 on 24th August 2018. For the value to have increased from £382,500 to £452,721 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 THE RIDINGS has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The August 2018 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 12 THE RIDINGS has not materially changed since August 2018.

How Large is 12 THE RIDINGS?

12 THE RIDINGS is 81m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 12 THE RIDINGS lies on this distribution: 11% of detached houses houses are smaller than 12 THE RIDINGS, and 88% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

12 THE RIDINGS: Plot and Title Map

12 THE RIDINGS sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 12 THE RIDINGS, 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 12 THE RIDINGS). 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 12 THE RIDINGS?

12 THE RIDINGS is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 12 on THE RIDINGS.