BRAEMAR, OAKWOOD ROAD, BURGESS HILL, RH15 0HU - £625,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

BRAEMAR is a midsized detached house of 121m², built sometime between 1967 and 1975. It was last sold for £625,000 in June 2023, which was around 11% below the average June 2023 detached price in the Mid Sussex local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

BRAEMAR Sold Prices

Land registry data shows three sales for BRAEMAR 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 BRAEMAR 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
2023 13 JUN	£625,000	£701,518	11% below HPI
2017 1 DEC	£515,000	£603,447	15% below HPI
2012 9 MAR	£380,000	£414,563	8% below HPI

BRAEMAR 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 BRAEMAR sales between March 2012 and June 2023 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 December 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is BRAEMAR?

BRAEMAR is 121m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% 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 BRAEMAR lies on this distribution: 57% of detached houses are smaller than BRAEMAR, and 42% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

BRAEMAR: Plot and Title Map

BRAEMAR sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of BRAEMAR, 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 BRAEMAR). 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 BRAEMAR?

BRAEMAR is located on OAKWOOD ROAD in BURGESS HILL, in the RH15 postcode district. The below map shows the position of BRAEMAR on OAKWOOD ROAD.