24, ELWOOD CLOSE, BURGESS HILL, RH15 9RE - £419,950

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

24 ELWOOD CLOSE is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £419,950 in September 2019, which was around 31% below the average September 2019 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

24 ELWOOD CLOSE Sold Prices

Land registry data shows three sales for 24 ELWOOD CLOSE 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 24 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
2019 3 SEP	£419,950	£605,894	31% below HPI
1999 20 AUG	£142,950	£195,893	27% below HPI
1995 25 MAY	£110,000	£124,411	12% below HPI

24 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 three 24 ELWOOD CLOSE sales between May 1995 and September 2019 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 24 ELWOOD CLOSE?

24 ELWOOD CLOSE is 87m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% 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 24 ELWOOD CLOSE lies on this distribution: 17% of detached houses are smaller than 24 ELWOOD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

24 ELWOOD CLOSE: Plot and Title Map

24 ELWOOD CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 24 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 24 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 24 ELWOOD CLOSE?

24 ELWOOD CLOSE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 24 on ELWOOD CLOSE.