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 HAMMONDS RIDGE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £369,950 in April 2016, which was around 34% below the average April 2016 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 HAMMONDS RIDGE 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 HAMMONDS RIDGE 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 |
---|---|---|---|
2016 22 APR | £369,950 | £562,229 | 34% below HPI |
2012 12 OCT | £265,000 | £423,085 | 37% below HPI |
2004 27 MAY | £225,000 | £351,901 | 36% 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 HAMMONDS RIDGE sales between May 2004 and April 2016 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 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
2 HAMMONDS RIDGE is 74m² according to the EPC inspection conducted in April 2012. 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 2 HAMMONDS RIDGE lies on this distribution: 5% of detached houses are smaller than 2 HAMMONDS RIDGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.
2 HAMMONDS RIDGE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 HAMMONDS RIDGE, 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 HAMMONDS RIDGE). 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 HAMMONDS RIDGE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 2 on HAMMONDS RIDGE.