2, BEACON RISE, EAST GRINSTEAD, RH19 3FR - £555,000

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

2 BEACON RISE is a very large extended detached house of 170m², built sometime between 2007 and 2011. It was last sold for £555,000 in February 2017, which was around 6% below the average February 2017 detached price in the Mid Sussex local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

2 BEACON RISE Sold Prices

Land registry data shows three sales for 2 BEACON RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Two of the three 2 BEACON RISE sales were for below the average price, whilst one 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
2017 24 FEB	£555,000	£591,341	6% below HPI
2015 27 MAR	£490,000	£508,453	4% below HPI
2010 30 JUN	£480,000	£419,216	14% above HPI

2 BEACON RISE 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 three 2 BEACON RISE sales between June 2010 and February 2017 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 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 BEACON RISE?

2 BEACON RISE is 170m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses by size in East Grinstead, and where 2 BEACON RISE lies on this distribution: 85% of detached houses are smaller than 2 BEACON RISE, and 15% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

2 BEACON RISE: Plot and Title Map

2 BEACON RISE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 2 BEACON RISE, 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 2 BEACON RISE). 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 2 BEACON RISE?

2 BEACON RISE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 2 on BEACON RISE.