3, FRANKLANDS WAY, BURGESS HILL, RH15 0AX - £435,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 FRANKLANDS WAY is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £435,000 in July 2014, which was around 10% below the average July 2014 detached price in the Mid Sussex local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

3 FRANKLANDS WAY Sold Prices

Land registry data shows two sales for 3 FRANKLANDS WAY 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 FRANKLANDS WAY 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
2014 16 JUL	£435,000	£483,447	10% below HPI
2008 5 MAR	£375,000	£446,763	16% below HPI

3 FRANKLANDS WAY 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 FRANKLANDS WAY sales from March 2008 and July 2014 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 March 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 FRANKLANDS WAY?

3 FRANKLANDS WAY is 95m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% 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 3 FRANKLANDS WAY lies on this distribution: 25% of detached houses are smaller than 3 FRANKLANDS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

3 FRANKLANDS WAY: Plot and Title Map

3 FRANKLANDS WAY sits on a plot of roughly 0.193 of an acre, or 779m². The below map shows the location of 3 FRANKLANDS WAY, 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 FRANKLANDS WAY). 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 FRANKLANDS WAY?

3 FRANKLANDS WAY is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 3 on FRANKLANDS WAY.