7, SOUTH LODGE CLOSE, BURGESS HILL, RH15 8LQ - £495,000

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

7 SOUTH LODGE CLOSE is a large detached house of 129m², built sometime between 1976 and 1982. It was last sold for £495,000 in April 2021, which was around 19% below the average April 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

7 SOUTH LODGE CLOSE Sold Prices

Land registry data shows three sales for 7 SOUTH LODGE CLOSE 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 7 SOUTH LODGE CLOSE 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
2021 1 APR	£495,000	£610,061	19% below HPI
2018 25 JAN	£436,000	£598,023	27% below HPI
2004 22 JUN	£309,950	£349,555	11% below HPI

7 SOUTH LODGE 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 three 7 SOUTH LODGE CLOSE sales between June 2004 and April 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 January 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 SOUTH LODGE CLOSE?

7 SOUTH LODGE CLOSE is 129m² according to the EPC inspection conducted in September 2017. 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 7 SOUTH LODGE CLOSE lies on this distribution: 64% of detached houses are smaller than 7 SOUTH LODGE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

7 SOUTH LODGE CLOSE: Plot and Title Map

7 SOUTH LODGE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 7 SOUTH LODGE 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 SOUTH LODGE 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 SOUTH LODGE CLOSE?

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