3, COLWELL CLOSE, HAYWARDS HEATH, RH16 4HF - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 COLWELL CLOSE is a very small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £470,849. It was last sold for £395,000 in August 2020, which was around 37% below the average August 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

3 COLWELL CLOSE Sold Prices

Land registry data shows two sales for 3 COLWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two 3 COLWELL 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
2020 21 AUG	£395,000	£627,180	37% below HPI
2019 16 AUG	£385,000	£616,283	38% below HPI

3 COLWELL 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 two 3 COLWELL CLOSE sales from August 2019 and August 2020 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 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 COLWELL CLOSE be worth now?

3 COLWELL CLOSE might now be worth an estimated £470,849.

This is based on house price inflation of 19.2%, between August 2020 and February 2025, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 3 COLWELL CLOSE of £395,000 on 21st August 2020. For the value to have increased from £395,000 to £470,849 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 3 COLWELL CLOSE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The August 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLWELL CLOSE has not materially changed since August 2020.

How Large is 3 COLWELL CLOSE?

3 COLWELL CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses houses in Haywards Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haywards Heath, and where 3 COLWELL CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 COLWELL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Haywards Heath.

3 COLWELL CLOSE: Plot and Title Map

3 COLWELL CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 COLWELL 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 3 COLWELL 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 3 COLWELL CLOSE?

3 COLWELL CLOSE is located in HAYWARDS HEATH, in the RH16 postcode district. The below map shows the position of No. 3 on COLWELL CLOSE.