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 MUNNION ROAD is a midsized extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £500,000 in March 2021, which was around 19% below the average March 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 55 MUNNION ROAD since 1st 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 55 MUNNION ROAD 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 29 MAR | £500,000 | £614,473 | 19% below HPI |
1995 6 JAN | £112,000 | £126,772 | 12% below HPI |
The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 55 MUNNION ROAD sales from January 1995 and March 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 January 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
55 MUNNION ROAD is 137m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses in Ardingly, based on EPC data. The below chart shows the distribution of detached houses by size in Ardingly, and where 55 MUNNION ROAD lies on this distribution: 46% of detached houses are smaller than 55 MUNNION ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Ardingly.
55 MUNNION ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 55 MUNNION ROAD, 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 MUNNION ROAD). 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 MUNNION ROAD is located in ARDINGLY, in the RH17 postcode district. The below map shows the position of No. 55 on MUNNION ROAD.