Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
2 GERALD CLOSE is a midsized extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £440,000 in November 2017, which was around 27% below the average November 2017 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 GERALD CLOSE since 1st 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 GERALD 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 |
---|---|---|---|
2017 30 NOV | £440,000 | £606,321 | ![]() 27% below HPI |
2013 4 OCT | £348,000 | £444,956 | ![]() 22% below HPI |
2004 15 MAR | £260,000 | £354,281 | ![]() 27% 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 three 2 GERALD CLOSE sales between March 2004 and November 2017 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
2 GERALD CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in April 2010. 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 GERALD CLOSE lies on this distribution: 54% of detached houses are smaller than 2 GERALD CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.
2 GERALD CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 GERALD 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 GERALD 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.
2 GERALD CLOSE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 2 on GERALD CLOSE.