17, REED CLOSE, HASSOCKS, BN6 9FG - £368,000

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.

17 REED CLOSE is a small semi-detached house of 109m², built in 2011, which could now be worth an estimated £438,607. It was last sold for £368,000 in July 2018, which was around 3% below the average July 2018 semi-detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was B.

17 REED CLOSE Sold Prices

Land registry data shows two sales for 17 REED CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Sussex local authority area for the corresponding sale date. One of the two 17 REED CLOSE sales was for below the average price, whilst the other was 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 13 JUL	£368,000	£380,067	3% below HPI
2013 30 SEP	£320,000	£273,987	17% above HPI

17 REED CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 17 REED CLOSE sales from September 2013 and July 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 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 17 REED CLOSE be worth now?

17 REED CLOSE might now be worth an estimated £438,607.

This is based on house price inflation of 19.2%, between July 2018 and April 2026, for semi-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 19.2% inflationary increase is applied to the most recent sale price for 17 REED CLOSE of £368,000 on 13th July 2018. For the value to have increased from £368,000 to £438,607 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 17 REED CLOSE has moved in line with the HPI for semi-detached houses in the Mid Sussex local authority area.
• The July 2018 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 17 REED CLOSE has not materially changed since July 2018.

How Large is 17 REED CLOSE?

17 REED CLOSE is 109m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of semi-detached houses houses in Hassocks, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hassocks, and where 17 REED CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 17 REED CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Hassocks.

17 REED CLOSE: Plot and Title Map

17 REED CLOSE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 17 REED CLOSE, 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 17 REED CLOSE). 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 17 REED CLOSE?

17 REED CLOSE is located in HASSOCKS, in the BN6 postcode district. The below map shows the position of No. 17 on REED CLOSE.