HIGH BANKS, LONDON ROAD, BURGESS HILL, RH15 8NB - £475,000

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

HIGH BANKS is a very large extended detached house of 163m², built sometime between 1976 and 1982. It was last sold for £475,000 in April 2016, which was around 16% below the average April 2016 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

HIGH BANKS Sold Prices

Land registry data shows four sales for HIGH BANKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the four 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
2016 12 APR	£475,000	£562,229	16% below HPI
2013 17 JAN	£352,000	£429,107	18% below HPI
1999 22 JUL	£168,000	£189,718	11% below HPI
1999 25 FEB	£158,000	£176,385	10% 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 four HIGH BANKS sales between February 1999 and April 2016 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 January 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is HIGH BANKS?

HIGH BANKS is 163m², which includes two extensions, according to the EPC inspection conducted in April 2015. 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 HIGH BANKS lies on this distribution: 85% of detached houses are smaller than HIGH BANKS, and 15% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

HIGH BANKS: Plot and Title Map

HIGH BANKS sits on a plot of roughly 0.112 of an acre, or 452m². 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 LONDON ROAD in BURGESS HILL, in the RH15 postcode district. The below map shows the position of HIGH BANKS on LONDON ROAD.