2, THE OAKS, BURGESS HILL, RH15 9XP - £390,000

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 THE OAKS is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £390,000 in May 2011, which was around 5% below the average May 2011 detached price in the Mid Sussex local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

2 THE OAKS Sold Prices

Land registry data shows three sales for 2 THE OAKS 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. One of the three 2 THE OAKS sales was for below the average price, whilst two were for above 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
2011 4 MAY	£390,000	£409,131	5% below HPI
2004 17 AUG	£370,000	£365,493	1% above HPI
1997 20 JAN	£143,000	£132,784	8% above HPI

2 THE OAKS 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 THE OAKS sales between January 1997 and May 2011 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 August 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 THE OAKS?

2 THE OAKS is 130m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% 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 THE OAKS lies on this distribution: 65% of detached houses are smaller than 2 THE OAKS, and 34% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 THE OAKS, 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 THE OAKS). 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 THE OAKS?

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