2, FRANKLANDS WAY, BURGESS HILL, RH15 0AX - £500,000

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 FRANKLANDS WAY is a midsized extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £500,000 in September 2018, which was around 20% below the average September 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

2 FRANKLANDS WAY Sold Prices

Land registry data shows three sales for 2 FRANKLANDS WAY 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 2 FRANKLANDS WAY 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 5 SEP	£500,000	£625,692	20% below HPI
2013 22 OCT	£412,000	£444,956	7% below HPI
2003 3 MAR	£320,000	£326,744	2% below HPI

2 FRANKLANDS WAY 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 2 FRANKLANDS WAY sales between March 2003 and September 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 October 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 FRANKLANDS WAY?

2 FRANKLANDS WAY is 122m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% 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 FRANKLANDS WAY lies on this distribution: 59% of detached houses are smaller than 2 FRANKLANDS WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

2 FRANKLANDS WAY: Plot and Title Map

2 FRANKLANDS WAY sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 2 FRANKLANDS WAY, 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 FRANKLANDS WAY). 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 FRANKLANDS WAY?

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