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 THE CLOSE is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £412,500 in August 2004, which was around 13% above the average August 2004 detached price in the Mid Sussex local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 THE CLOSE 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. One of the two 8 THE 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 |
---|---|---|---|
2004 18 AUG | £412,500 | £365,493 | 13% above HPI |
2002 26 JUL | £279,600 | £285,492 | 2% 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 8 THE CLOSE sales from July 2002 and August 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 July 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2004 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
8 THE CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses in Hassocks, based on EPC data. The below chart shows the distribution of detached houses by size in Hassocks, and where 8 THE CLOSE lies on this distribution: 79% of detached houses are smaller than 8 THE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Hassocks.
8 THE CLOSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 8 THE 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 8 THE 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.
8 THE CLOSE is located in HASSOCKS, in the BN6 postcode district. The below map shows the position of No. 8 on THE CLOSE.