40, STEPHENSON DRIVE, EAST GRINSTEAD, RH19 4BG - £450,000

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

40 STEPHENSON DRIVE is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £450,000 in January 2020, which was around 26% below the average January 2020 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

40 STEPHENSON DRIVE Sold Prices

Land registry data shows two sales for 40 STEPHENSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two 40 STEPHENSON DRIVE 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 17 JAN	£450,000	£604,918	26% below HPI
2013 5 JUL	£331,300	£434,504	24% below HPI

40 STEPHENSON DRIVE 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 two 40 STEPHENSON DRIVE sales from July 2013 and January 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 STEPHENSON DRIVE?

40 STEPHENSON DRIVE is 95m² according to the EPC inspection conducted in April 2013. 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 40 STEPHENSON DRIVE lies on this distribution: 23% of detached houses are smaller than 40 STEPHENSON DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

40 STEPHENSON DRIVE: Plot and Title Map

40 STEPHENSON DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 40 STEPHENSON DRIVE, 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 40 STEPHENSON DRIVE). 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 40 STEPHENSON DRIVE?

40 STEPHENSON DRIVE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 40 on STEPHENSON DRIVE.