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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 RICHMOND WAY is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £602,520. It was last sold for £590,000 in February 2023, which was around 19% 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	£726,064	19% below HPI
2004 26 NOV	£140,000	£372,600	62% below HPI
2001 25 OCT	£265,000	£273,717	3% 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 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 23 RICHMOND WAY be worth now?

23 RICHMOND WAY might now be worth an estimated £602,520.

This is based on house price inflation of 2.1%, between February 2023 and December 2024, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% inflationary increase is applied to the most recent sale price for 23 RICHMOND WAY of £590,000 on 17th February 2023. For the value to have increased from £590,000 to £602,520 over the two months to December 2024, the following assumptions must hold true:

• The value of 23 RICHMOND WAY has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The February 2023 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RICHMOND WAY has not materially changed since February 2023.

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 houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Grinstead, and where 23 RICHMOND WAY lies on this distribution: 21% of detached houses 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.