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
8 BACKWOODS LANE is a large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £362,500 in January 2003, which was around 14% above the average January 2003 detached price in the Mid Sussex local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 8 BACKWOODS 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 8 BACKWOODS LANE sales were for above 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 |
---|---|---|---|
2003 31 JAN | £362,500 | £318,006 | 14% above HPI |
1997 21 OCT | £210,000 | £154,405 | 36% above 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 8 BACKWOODS LANE sales from October 1997 and January 2003 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 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2003 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
8 BACKWOODS LANE is 168m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Haywards Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Haywards Heath, and where 8 BACKWOODS LANE lies on this distribution: 77% of detached houses are smaller than 8 BACKWOODS LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Haywards Heath.
8 BACKWOODS LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 8 BACKWOODS 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 8 BACKWOODS 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.
8 BACKWOODS LANE is located in LINDFIELD, in the RH16 postcode district. The below map shows the position of No. 8 on BACKWOODS LANE.