62, MEADOW LANE, BURGESS HILL, RH15 9JA - £249,950

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

62 MEADOW LANE is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £249,950 in July 2004, which was around 30% below the average July 2004 detached price in the Mid Sussex local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

62 MEADOW LANE Sold Prices

Land registry data shows three sales for 62 MEADOW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the three 62 MEADOW LANE 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
2004 29 JUL	£249,950	£358,141	30% below HPI
1999 1 OCT	£130,000	£204,240	36% below HPI
1995 16 AUG	£78,000	£124,772	37% below HPI

62 MEADOW 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 three 62 MEADOW LANE sales between August 1995 and July 2004 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 October 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2004 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 62 MEADOW LANE?

62 MEADOW LANE is 88m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the smallest 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 62 MEADOW LANE lies on this distribution: 18% of detached houses are smaller than 62 MEADOW LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

62 MEADOW LANE: Plot and Title Map

62 MEADOW LANE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 62 MEADOW 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 62 MEADOW 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 62 MEADOW LANE?

62 MEADOW LANE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 62 on MEADOW LANE.