2, LAMBOURN CLOSE, EAST GRINSTEAD, RH19 2DP - £645,000

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 LAMBOURN CLOSE is a large detached house of 134m², built sometime between 1967 and 1975. It was last sold for £645,000 in May 2023, which was around 9% below the average May 2023 detached price in the Mid Sussex local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

2 LAMBOURN CLOSE Sold Prices

Land registry data shows two sales for 2 LAMBOURN CLOSE 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 2 LAMBOURN CLOSE 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
2023 19 MAY	£645,000	£705,654	9% below HPI
2004 26 OCT	£350,000	£364,509	4% below HPI

2 LAMBOURN CLOSE 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 2 LAMBOURN CLOSE sales from October 2004 and May 2023 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 October 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 LAMBOURN CLOSE?

2 LAMBOURN CLOSE is 134m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% 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 LAMBOURN CLOSE lies on this distribution: 62% of detached houses are smaller than 2 LAMBOURN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

2 LAMBOURN CLOSE: Plot and Title Map

2 LAMBOURN CLOSE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 2 LAMBOURN 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 2 LAMBOURN 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 2 LAMBOURN CLOSE?

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