56, FOLDERS LANE, BURGESS HILL, RH15 0DX - £700,000

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

56 FOLDERS LANE is a very large extended detached house of 168m², built sometime between 1976 and 1982. It was last sold for £700,000 in August 2021, which was around 12% above the average August 2021 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.

56 FOLDERS LANE Sold Prices

Land registry data shows two sales for 56 FOLDERS LANE 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. One of the two 56 FOLDERS LANE sales was for above the average price, whilst the other was 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
2021 31 AUG	£700,000	£623,875	12% above HPI
2015 11 AUG	£450,000	£530,079	15% below HPI

56 FOLDERS LANE 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 56 FOLDERS LANE sales from August 2015 and August 2021 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 56 FOLDERS LANE?

56 FOLDERS LANE is 168m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 56 FOLDERS LANE lies on this distribution: 87% of detached houses are smaller than 56 FOLDERS LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

56 FOLDERS LANE: Plot and Title Map

56 FOLDERS LANE sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of 56 FOLDERS LANE, 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 56 FOLDERS LANE). 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 56 FOLDERS LANE?

56 FOLDERS LANE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 56 on FOLDERS LANE.