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 THE OAKS is a large detached house of 157m², built sometime between 1983 and 1990. It was last sold for £250,000 in March 2002, which was around 12% below the average March 2002 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 THE OAKS since 1st 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. One of the two 2 THE OAKS 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 |
---|---|---|---|
2002 15 MAR | £250,000 | £284,414 | 12% below HPI |
1997 14 MAR | £147,000 | £136,863 | 7% above HPI |
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 THE OAKS sales from March 1997 and March 2002 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 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2002 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 THE OAKS is 157m² according to the EPC inspection conducted in March 2010. This puts it in the largest 30% 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 THE OAKS lies on this distribution: 80% of detached houses are smaller than 2 THE OAKS, and 20% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.
2 THE OAKS sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 2 THE OAKS, 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 THE OAKS). 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.
2 THE OAKS is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 2 on THE OAKS.