3, CHERRY WAY, FELBRIDGE, EAST GRINSTEAD, RH19 2GS - £627,500

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

3 CHERRY WAY is a small detached house of 140m², built sometime from 2007 onwards. It was last sold for £627,500 in May 2020, which was around 21% below the average May 2020 detached price in the Tandridge local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

3 CHERRY WAY Sold Prices

Land registry data shows two sales for 3 CHERRY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two 3 CHERRY 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
2020 29 MAY	£627,500	£790,892	21% below HPI
2010 10 AUG	£440,000	£537,488	18% below HPI

3 CHERRY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two 3 CHERRY WAY sales from August 2010 and May 2020 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 August 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 CHERRY WAY?

3 CHERRY WAY is 140m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Felbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Felbridge, and where 3 CHERRY WAY lies on this distribution: 32% of detached houses are smaller than 3 CHERRY WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Felbridge.

3 CHERRY WAY: Plot and Title Map

3 CHERRY WAY sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 3 CHERRY 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 3 CHERRY 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 3 CHERRY WAY?

3 CHERRY WAY is located in FELBRIDGE, in the RH19 postcode district. The below map shows the position of No. 3 on CHERRY WAY.