23, CHAPEL LANE, ASHURST WOOD, EAST GRINSTEAD, RH19 3QS - £333,000

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

23 CHAPEL LANE is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £333,000 in January 2024, which was around 53% below the average January 2024 detached price in the Mid Sussex local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

23 CHAPEL LANE Sold Prices

Land registry data shows three sales for 23 CHAPEL LANE 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. All of the three 23 CHAPEL LANE 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
2024 11 JAN	£333,000	£705,820	53% below HPI
2018 28 SEP	£340,000	£625,692	46% below HPI
2006 30 OCT	£220,000	£390,068	44% below HPI

23 CHAPEL LANE 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 23 CHAPEL LANE sales between October 2006 and January 2024 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 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2024 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 23 CHAPEL LANE?

23 CHAPEL LANE is 71m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Ashurst Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Ashurst Wood, and where 23 CHAPEL LANE lies on this distribution: 7% of detached houses are smaller than 23 CHAPEL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ashurst Wood.

23 CHAPEL LANE: Plot and Title Map

23 CHAPEL LANE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 23 CHAPEL LANE, 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 23 CHAPEL LANE). 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 23 CHAPEL LANE?

23 CHAPEL LANE is located in ASHURST WOOD, in the RH19 postcode district. The below map shows the position of No. 23 on CHAPEL LANE.