5, PANNELL CLOSE, EAST GRINSTEAD, RH19 1DA - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PANNELL CLOSE is a very small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £418,836. It was last sold for £350,000 in January 2019, which was around 44% below the average January 2019 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

5 PANNELL CLOSE Sold Prices

Land registry data shows five sales for 5 PANNELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the five 5 PANNELL 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
2019 28 JAN	£350,000	£624,743	44% below HPI
2016 3 JUN	£365,000	£585,478	38% below HPI
2014 4 APR	£285,000	£472,989	40% below HPI
2006 29 NOV	£235,000	£395,999	41% below HPI
2006 24 MAR	£215,000	£374,882	43% below HPI

5 PANNELL 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 five 5 PANNELL CLOSE sales between March 2006 and January 2019 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 June 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 5 PANNELL CLOSE be worth now?

5 PANNELL CLOSE might now be worth an estimated £418,836.

This is based on house price inflation of 19.7%, between January 2019 and February 2025, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for 5 PANNELL CLOSE of £350,000 on 28th January 2019. For the value to have increased from £350,000 to £418,836 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 PANNELL CLOSE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The January 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PANNELL CLOSE has not materially changed since January 2019.

How Large is 5 PANNELL CLOSE?

5 PANNELL CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Grinstead, and where 5 PANNELL CLOSE lies on this distribution: 13% of detached houses houses are smaller than 5 PANNELL CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

5 PANNELL CLOSE: Plot and Title Map

5 PANNELL CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 5 PANNELL 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 PANNELL 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 PANNELL CLOSE?

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