40, SPARROW WAY, BURGESS HILL, RH15 9UL - £445,000

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

40 SPARROW WAY is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £445,000 in October 2016, which was around 24% below the average October 2016 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

40 SPARROW WAY Sold Prices

Land registry data shows two sales for 40 SPARROW 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 40 SPARROW 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
2016 21 OCT	£445,000	£587,735	24% below HPI
1998 11 SEP	£122,500	£174,913	30% below HPI

40 SPARROW 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 40 SPARROW WAY sales from September 1998 and October 2016 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 September 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 SPARROW WAY?

40 SPARROW WAY is 131m², which includes four extensions, according to the EPC inspection conducted in March 2015. 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 40 SPARROW WAY lies on this distribution: 66% of detached houses are smaller than 40 SPARROW WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

40 SPARROW WAY: Plot and Title Map

40 SPARROW WAY sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 40 SPARROW 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 40 SPARROW 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 40 SPARROW WAY?

40 SPARROW WAY is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 40 on SPARROW WAY.