4, MILLBANK, BURGESS HILL, RH15 8DD - £570,000

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.

4 MILLBANK is a large extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £608,963. It was last sold for £570,000 in June 2022, which was around 19% below the average June 2022 detached price in the Mid Sussex local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

4 MILLBANK Sold Prices

Land registry data shows two sales for 4 MILLBANK 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 4 MILLBANK 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
2022 7 JUN	£570,000	£699,779	19% below HPI
2017 23 NOV	£452,500	£620,418	27% below HPI

4 MILLBANK 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 4 MILLBANK sales from November 2017 and June 2022 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 November 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 MILLBANK be worth now?

4 MILLBANK might now be worth an estimated £608,963.

This is based on house price inflation of 6.8%, between June 2022 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 6.8% inflationary increase is applied to the most recent sale price for 4 MILLBANK of £570,000 on 7th June 2022. For the value to have increased from £570,000 to £608,963 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 4 MILLBANK has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The June 2022 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLBANK has not materially changed since June 2022.

How Large is 4 MILLBANK?

4 MILLBANK is 146m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses houses in Burgess Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burgess Hill, and where 4 MILLBANK lies on this distribution: 76% of detached houses houses are smaller than 4 MILLBANK, and 24% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

4 MILLBANK: Plot and Title Map

4 MILLBANK sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 4 MILLBANK, 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 4 MILLBANK). 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 4 MILLBANK?

4 MILLBANK is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 4 on MILLBANK.