7, OAKWOOD CLOSE, BURGESS HILL, RH15 0HY - £835,000

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.

7 OAKWOOD CLOSE is a very large extended detached house of 185m², built sometime between 1967 and 1975, which could now be worth an estimated £988,224. It was last sold for £835,000 in October 2020, which was around 32% above the average October 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

7 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 7 OAKWOOD CLOSE 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 7 OAKWOOD CLOSE 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
2020 26 OCT	£835,000	£631,696	32% above HPI
2015 9 JAN	£475,000	£524,166	9% below HPI

7 OAKWOOD CLOSE 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 7 OAKWOOD CLOSE sales from January 2015 and October 2020 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 January 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 OAKWOOD CLOSE be worth now?

7 OAKWOOD CLOSE might now be worth an estimated £988,224.

This is based on house price inflation of 18.4%, between October 2020 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 18.4% inflationary increase is applied to the most recent sale price for 7 OAKWOOD CLOSE of £835,000 on 26th October 2020. For the value to have increased from £835,000 to £988,224 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The October 2020 sale price of £835,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OAKWOOD CLOSE has not materially changed since October 2020.

How Large is 7 OAKWOOD CLOSE?

7 OAKWOOD CLOSE is 185m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% 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 7 OAKWOOD CLOSE lies on this distribution: 91% of detached houses houses are smaller than 7 OAKWOOD CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

7 OAKWOOD CLOSE: Plot and Title Map

7 OAKWOOD CLOSE sits on a plot of roughly 0.239 of an acre, or 968m². The below map shows the location of 7 OAKWOOD CLOSE, 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 7 OAKWOOD CLOSE). 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 7 OAKWOOD CLOSE?

7 OAKWOOD CLOSE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 7 on OAKWOOD CLOSE.