2, ELWOOD CLOSE, BURGESS HILL, RH15 9RE - £270,000

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

2 ELWOOD CLOSE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £270,000 in November 2013, which was around 40% below the average November 2013 detached price in the Mid Sussex local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

2 ELWOOD CLOSE Sold Prices

Land registry data shows four sales for 2 ELWOOD CLOSE 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 2 ELWOOD 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
2013 28 NOV	£270,000	£447,350	40% below HPI
2005 3 NOV	£250,000	£356,935	30% below HPI
1997 4 AUG	£112,000	£147,233	24% below HPI
1995 28 JUL	£102,950	£126,427	19% below HPI

2 ELWOOD 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 four 2 ELWOOD CLOSE sales between July 1995 and November 2013 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 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 ELWOOD CLOSE?

2 ELWOOD CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 2 ELWOOD CLOSE lies on this distribution: 28% of detached houses are smaller than 2 ELWOOD CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

2 ELWOOD CLOSE: Plot and Title Map

2 ELWOOD CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 2 ELWOOD 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 2 ELWOOD 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 2 ELWOOD CLOSE?

2 ELWOOD CLOSE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 2 on ELWOOD CLOSE.