5, CHAPEL LANE, ASHURST WOOD, EAST GRINSTEAD, RH19 3QT - £363,000

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

5 CHAPEL LANE is a small extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £363,000 in June 2008, which was around 15% below the average June 2008 detached price in the Mid Sussex local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

5 CHAPEL LANE Sold Prices

Land registry data shows two sales for 5 CHAPEL LANE 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 5 CHAPEL LANE 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
2008 12 JUN	£363,000	£429,539	15% below HPI
2005 2 NOV	£280,000	£356,935	22% below HPI

5 CHAPEL LANE 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 5 CHAPEL LANE sales from November 2005 and June 2008 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 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2008 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 CHAPEL LANE?

5 CHAPEL LANE is 109m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Ashurst Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Ashurst Wood, and where 5 CHAPEL LANE lies on this distribution: 28% of detached houses are smaller than 5 CHAPEL LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ashurst Wood.

5 CHAPEL LANE: Plot and Title Map

5 CHAPEL LANE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 5 CHAPEL LANE, 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 5 CHAPEL LANE). 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 5 CHAPEL LANE?

5 CHAPEL LANE is located in ASHURST WOOD, in the RH19 postcode district. The below map shows the position of No. 5 on CHAPEL LANE.