4, LAUREL CLOSE, BURGESS HILL, RH15 0UG - £325,000

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.

4 LAUREL CLOSE is a very small extended terraced house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £423,432. It was last sold for £325,000 in December 2015, which was around 30% above the average December 2015 terraced price in the Lewes local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

4 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 4 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lewes local authority area for the corresponding sale date. All of the three 4 LAUREL CLOSE 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
2015 11 DEC	£325,000	£250,733	30% above HPI
2013 19 JUL	£275,000	£213,128	29% above HPI
2001 1 JUN	£144,000	£100,762	43% above HPI

4 LAUREL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lewes local authority area over time, sourced from the HPI. The three 4 LAUREL CLOSE sales between June 2001 and December 2015 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 July 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 4 LAUREL CLOSE be worth now?

4 LAUREL CLOSE might now be worth an estimated £423,432.

This is based on house price inflation of 30.3%, between December 2015 and June 2025, for terraced 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 30.3% inflationary increase is applied to the most recent sale price for 4 LAUREL CLOSE of £325,000 on 11th December 2015. For the value to have increased from £325,000 to £423,432 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 4 LAUREL CLOSE has moved in line with the HPI for terraced houses in the Lewes local authority area.
• The December 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAUREL CLOSE has not materially changed since December 2015.

How Large is 4 LAUREL CLOSE?

4 LAUREL CLOSE is 80m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of terraced houses houses in Burgess Hill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Burgess Hill, and where 4 LAUREL CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 4 LAUREL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Burgess Hill.

4 LAUREL CLOSE: Plot and Title Map

4 LAUREL CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 4 LAUREL 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 4 LAUREL 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 4 LAUREL CLOSE?

4 LAUREL CLOSE is located in BURGESS HILL, in the RH15 postcode district. The below map shows the position of No. 4 on LAUREL CLOSE.