FERMAIN, MALTHOUSE LANE, BURGESS HILL, RH15 9XA - £615,000

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

FERMAIN is a very large extended detached house of 162m², built sometime between 1991 and 1995. It was last sold for £615,000 in December 2018, which was around 2% above the average December 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

FERMAIN Sold Prices

Land registry data shows two sales for FERMAIN 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 FERMAIN 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
2018 3 DEC	£615,000	£602,050	2% above HPI
1999 23 DEC	£230,000	£208,502	10% above HPI

FERMAIN 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 FERMAIN sales from December 1999 and December 2018 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 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is FERMAIN?

FERMAIN is 162m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 FERMAIN lies on this distribution: 84% of detached houses are smaller than FERMAIN, and 16% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

FERMAIN: Plot and Title Map

FERMAIN sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of FERMAIN, 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 FERMAIN). 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 FERMAIN?

FERMAIN is located on MALTHOUSE LANE in BURGESS HILL, in the RH15 postcode district. The below map shows the position of FERMAIN on MALTHOUSE LANE.