RUSSET LODGE, KEYMER ROAD, BURGESS HILL, RH15 0AH - £575,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RUSSET LODGE is a large detached house of 150m², built sometime from 2007 onwards. It was last sold for £575,000 in March 2021, which was around 6% below the average March 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

RUSSET LODGE Sold Prices

Land registry data shows two sales for RUSSET LODGE 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 RUSSET LODGE 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
2021 24 MAR	£575,000	£614,473	6% below HPI
2014 14 MAR	£453,000	£462,884	2% below HPI

RUSSET LODGE 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 RUSSET LODGE sales from March 2014 and March 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 March 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is RUSSET LODGE?

RUSSET LODGE is 150m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% 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 RUSSET LODGE lies on this distribution: 78% of detached houses are smaller than RUSSET LODGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

RUSSET LODGE: Plot and Title Map

RUSSET LODGE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of RUSSET LODGE, 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 RUSSET LODGE). 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 RUSSET LODGE?

RUSSET LODGE is located on KEYMER ROAD in BURGESS HILL, in the RH15 postcode district. The below map shows the position of RUSSET LODGE on KEYMER ROAD.