42, ELM DRIVE, EAST GRINSTEAD, RH19 3UH - £312,000

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

42 ELM DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £312,000 in June 2021, which was around 49% below the average June 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

42 ELM DRIVE Sold Prices

Land registry data shows three sales for 42 ELM DRIVE 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 42 ELM 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
2021 30 JUN	£312,000	£612,614	49% below HPI
2009 28 AUG	£202,500	£374,951	46% below HPI
1995 6 OCT	£70,000	£119,737	42% below HPI

42 ELM 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 three 42 ELM DRIVE sales between October 1995 and June 2021 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 2009 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 42 ELM DRIVE?

42 ELM DRIVE is 66m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 42 ELM DRIVE lies on this distribution: 3% of detached houses are smaller than 42 ELM DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

42 ELM DRIVE: Plot and Title Map

42 ELM DRIVE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 42 ELM 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 42 ELM 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 42 ELM DRIVE?

42 ELM DRIVE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 42 on ELM DRIVE.