Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
55 ELM GROVE is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £350,000 in June 2020, which was around 24% below the average June 2020 detached price in the Arun local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 55 ELM GROVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 55 ELM GROVE 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 5 JUN | £350,000 | £459,581 | 24% below HPI |
2019 5 MAR | £395,000 | £451,766 | 13% below HPI |
2003 1 OCT | £215,000 | £265,133 | 19% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 55 ELM GROVE sales between October 2003 and June 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 March 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
55 ELM GROVE is 57m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in West Barnham, based on EPC data. The below chart shows the distribution of detached houses by size in West Barnham, and where 55 ELM GROVE lies on this distribution: 1% of detached houses are smaller than 55 ELM GROVE, and 99% of houses are larger. Note that EPC data is not available for all properties in West Barnham.
55 ELM GROVE sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 55 ELM GROVE, 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 55 ELM GROVE). 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.
55 ELM GROVE is located in BARNHAM, in the PO22 postcode district. The below map shows the position of No. 55 on ELM GROVE.