23, RICHMOND WAY, EAST GRINSTEAD, RH19 4TG - £590,000

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 RICHMOND WAY is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £590,000 in February 2023, which was around 17% below the average February 2023 detached price in the Mid Sussex local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

23 RICHMOND WAY Sold Prices

Land registry data shows three sales for 23 RICHMOND WAY 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 RICHMOND WAY 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 17 FEB	£590,000	£709,567	17% below HPI
2004 26 NOV	£140,000	£364,135	62% below HPI
2001 25 OCT	£265,000	£267,498	1% below HPI

23 RICHMOND WAY 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 RICHMOND WAY sales between October 2001 and February 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 November 2004 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the February 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 RICHMOND WAY?

23 RICHMOND WAY is 93m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 23 RICHMOND WAY lies on this distribution: 21% of detached houses are smaller than 23 RICHMOND WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

23 RICHMOND WAY: Plot and Title Map

23 RICHMOND WAY sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 23 RICHMOND WAY, 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 RICHMOND WAY). 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 RICHMOND WAY?

23 RICHMOND WAY is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 23 on RICHMOND WAY.