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
73 MEADOW LANE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £196,000 in December 2002, which was around 38% below the average December 2002 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 73 MEADOW LANE since 1st 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 73 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 |
---|---|---|---|
2002 12 DEC | £196,000 | £316,571 | 38% below HPI |
1998 14 JUL | £98,150 | £162,457 | 40% below HPI |
The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 73 MEADOW LANE sales from July 1998 and December 2002 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 July 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2002 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
73 MEADOW LANE is 75m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% 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 73 MEADOW LANE lies on this distribution: 6% of detached houses are smaller than 73 MEADOW LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.
73 MEADOW LANE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 73 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 73 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.
73 MEADOW LANE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 73 on MEADOW LANE.