LAKE BARN, MARCHANTS CLOSE, HURSTPIERPOINT, HASSOCKS, BN6 9UZ - £795,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LAKE BARN is a very small detached house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £928,329. It was last sold for £795,000 in September 2018, which was around 24% above the average September 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

LAKE BARN Sold Prices

Land registry data shows four sales for LAKE BARN 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. Most of the four LAKE BARN 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 28 SEP	£795,000	£640,239	24% above HPI
2009 18 SEP	£410,000	£384,848	7% above HPI
2004 3 SEP	£460,000	£381,123	21% above HPI
1995 7 JUL	£50,000	£129,366	61% below HPI

LAKE BARN 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 LAKE BARN sales between July 1995 and September 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 September 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might LAKE BARN be worth now?

LAKE BARN might now be worth an estimated £928,329.

This is based on house price inflation of 16.8%, between September 2018 and February 2025, 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 16.8% inflationary increase is applied to the most recent sale price for LAKE BARN of £795,000 on 28th September 2018. For the value to have increased from £795,000 to £928,329 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of LAKE BARN has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The September 2018 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of LAKE BARN has not materially changed since September 2018.

How Large is LAKE BARN?

LAKE BARN is 96m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses houses in Hurstpierpoint, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hurstpierpoint, and where LAKE BARN lies on this distribution: 19% of detached houses houses are smaller than LAKE BARN, and 81% of houses are larger. Note that EPC data is not available for all properties in Hurstpierpoint.

LAKE BARN: Plot and Title Map

LAKE BARN sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of LAKE BARN, 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 LAKE BARN). 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 LAKE BARN?

LAKE BARN is located on MARCHANTS CLOSE in HURSTPIERPOINT, in the BN6 postcode district. The below map shows the position of LAKE BARN on MARCHANTS CLOSE.