BASSETS, WINDMILL LANE, ASHURST WOOD, EAST GRINSTEAD, RH19 3SZ - £450,000

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

BASSETS is a very small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £450,000 in June 2021, which was around 27% below the average June 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

BASSETS Sold Prices

Land registry data shows three sales for BASSETS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the three BASSETS 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 30 JUN	£450,000	£612,614	27% below HPI
2001 2 APR	£187,000	£253,462	26% below HPI
1997 31 JAN	£92,000	£132,784	31% below HPI

BASSETS 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 three BASSETS sales between January 1997 and June 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 April 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is BASSETS?

BASSETS is 94m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 BASSETS lies on this distribution: 17% of detached houses are smaller than BASSETS, and 83% of houses are larger. Note that EPC data is not available for all properties in Ashurst Wood.

BASSETS: Plot and Title Map

BASSETS sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of BASSETS, 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 BASSETS). 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 BASSETS?

BASSETS is located on WINDMILL LANE in ASHURST WOOD, in the RH19 postcode district. The below map shows the position of BASSETS on WINDMILL LANE.