5, MASON CLOSE, EAST GRINSTEAD, RH19 3RR - £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

5 MASON CLOSE is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £312,000 in August 2014, which was around 37% below the average August 2014 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was D.

5 MASON CLOSE Sold Prices

Land registry data shows two sales for 5 MASON CLOSE 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 MASON CLOSE 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
2014 8 AUG	£312,000	£492,223	37% below HPI
2005 14 MAR	£269,500	£364,021	26% below HPI

5 MASON CLOSE 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 MASON CLOSE sales from March 2005 and August 2014 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 March 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 MASON CLOSE?

5 MASON CLOSE is 93m² according to the EPC inspection conducted in April 2014. 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 5 MASON CLOSE lies on this distribution: 21% of detached houses are smaller than 5 MASON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

5 MASON CLOSE: Plot and Title Map

5 MASON CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 5 MASON 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 5 MASON 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.

Where is 5 MASON CLOSE?

5 MASON CLOSE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 5 on MASON CLOSE.