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
4 FARM CLOSE is a midsized detached house of 121m², built sometime between 1991 and 1995. It was last sold for £525,000 in July 2020, which was around 13% below the average July 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 FARM CLOSE since 1st 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. Two of the three 4 FARM CLOSE sales were for below the average price, whilst one 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 |
---|---|---|---|
2020 17 JUL | £525,000 | £603,907 | 13% below HPI |
2000 28 JUL | £240,000 | £238,605 | 1% above HPI |
1996 30 MAY | £113,000 | £124,606 | 9% below HPI |
The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The three 4 FARM CLOSE sales between May 1996 and July 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 July 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
4 FARM CLOSE is 121m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% 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 4 FARM CLOSE lies on this distribution: 50% of detached houses are smaller than 4 FARM CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.
4 FARM CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 4 FARM CLOSE, 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 4 FARM CLOSE). 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.
4 FARM CLOSE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 4 on FARM CLOSE.