BANK COTTAGE, HAYWARDS HEATH ROAD, BALCOMBE, HAYWARDS HEATH, RH17 6NF - £780,000

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

BANK COTTAGE is a large extended detached house of 186m², built sometime before 1900. It was last sold for £780,000 in January 2020, which was around 29% above the average January 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

BANK COTTAGE Sold Prices

Land registry data shows two sales for BANK COTTAGE 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. Both of the two BANK COTTAGE 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
2020 24 JAN	£780,000	£604,918	29% above HPI
2011 7 OCT	£650,000	£422,002	54% above HPI

BANK COTTAGE 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 BANK COTTAGE sales from October 2011 and January 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 October 2011 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the January 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is BANK COTTAGE?

BANK COTTAGE is 186m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses in Balcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Balcombe, and where BANK COTTAGE lies on this distribution: 72% of detached houses are smaller than BANK COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Balcombe.

BANK COTTAGE: Plot and Title Map

BANK COTTAGE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of BANK COTTAGE, 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 BANK COTTAGE). 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 BANK COTTAGE?

BANK COTTAGE is located on HAYWARDS HEATH ROAD in BALCOMBE, in the RH17 postcode district. The below map shows the position of BANK COTTAGE on HAYWARDS HEATH ROAD.