LANESWOOD, THEOBALDS ROAD, BURGESS HILL, RH15 0SS - £925,000

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.

LANESWOOD is a very large extended detached house of 213m², built sometime between 1967 and 1975, which could now be worth an estimated £995,910. It was last sold for £925,000 in June 2021, which was around 71% above the average June 2021 detached price in the Lewes local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

LANESWOOD Sold Prices

Land registry data shows three sales for LANESWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lewes local authority area for the corresponding sale date. Two of the three LANESWOOD sales were for above the average price, whilst one was 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
2021 29 JUN	£925,000	£542,010	71% above HPI
2013 16 AUG	£366,666	£392,037	6% below HPI
1998 15 JUL	£258,000	£137,088	88% above HPI

LANESWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lewes local authority area over time, sourced from the HPI. The three LANESWOOD sales between July 1998 and June 2021 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 August 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might LANESWOOD be worth now?

LANESWOOD might now be worth an estimated £995,910.

This is based on house price inflation of 7.7%, between June 2021 and February 2025, for detached houses, in the Lewes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.7% inflationary increase is applied to the most recent sale price for LANESWOOD of £925,000 on 29th June 2021. For the value to have increased from £925,000 to £995,910 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of LANESWOOD has moved in line with the HPI for detached houses in the Lewes local authority area.
• The June 2021 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of LANESWOOD has not materially changed since June 2021.

How Large is LANESWOOD?

LANESWOOD is 213m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses houses in Burgess Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burgess Hill, and where LANESWOOD lies on this distribution: 95% of detached houses houses are smaller than LANESWOOD, and 5% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

LANESWOOD: Plot and Title Map

LANESWOOD sits on a plot of roughly 0.260 of an acre, or 1,053m². The below map shows the location of LANESWOOD, 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 LANESWOOD). 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 LANESWOOD?

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