HIGH BANKS, FAIRFIELD CLOSE, ARDINGLY, HAYWARDS HEATH, RH17 6UH - £545,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HIGH BANKS is a small extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £583,400. It was last sold for £545,000 in January 2022, which was around 21% below the average January 2022 detached price in the Mid Sussex local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

HIGH BANKS Sold Prices

Land registry data shows three sales for HIGH BANKS 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 HIGH BANKS 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
2022 14 JAN	£545,000	£692,667	21% below HPI
2007 4 JUN	£315,000	£418,698	25% below HPI
1997 12 SEP	£147,000	£154,498	5% below HPI

HIGH BANKS 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 HIGH BANKS sales between September 1997 and January 2022 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 June 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might HIGH BANKS be worth now?

HIGH BANKS might now be worth an estimated £583,400.

This is based on house price inflation of 7%, between January 2022 and December 2024, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for HIGH BANKS of £545,000 on 14th January 2022. For the value to have increased from £545,000 to £583,400 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of HIGH BANKS has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The January 2022 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH BANKS has not materially changed since January 2022.

How Large is HIGH BANKS?

HIGH BANKS is 119m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses houses in Ardingly, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ardingly, and where HIGH BANKS lies on this distribution: 31% of detached houses houses are smaller than HIGH BANKS, and 69% of houses are larger. Note that EPC data is not available for all properties in Ardingly.

HIGH BANKS: Plot and Title Map

HIGH BANKS sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of HIGH BANKS, 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 HIGH BANKS). 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 HIGH BANKS?

HIGH BANKS is located on FAIRFIELD CLOSE in ARDINGLY, in the RH17 postcode district. The below map shows the position of HIGH BANKS on FAIRFIELD CLOSE.