CHERRY COTTAGE, TOP ROAD, SHARPTHORNE, EAST GRINSTEAD, RH19 4PQ - £440,000

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

CHERRY COTTAGE is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £440,000 in June 2021, which was around 28% below the average June 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

CHERRY COTTAGE Sold Prices

Land registry data shows three sales for CHERRY COTTAGE 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 CHERRY COTTAGE 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 16 JUN	£440,000	£612,614	28% below HPI
2014 18 DEC	£323,500	£506,005	36% below HPI
2003 4 AUG	£222,501	£342,122	35% below HPI

CHERRY COTTAGE 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 CHERRY COTTAGE sales between August 2003 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 December 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is CHERRY COTTAGE?

CHERRY COTTAGE is 87m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Sharpthorne, based on EPC data. The below chart shows the distribution of detached houses by size in Sharpthorne, and where CHERRY COTTAGE lies on this distribution: 11% of detached houses are smaller than CHERRY COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sharpthorne.

CHERRY COTTAGE: Plot and Title Map

CHERRY COTTAGE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of CHERRY COTTAGE, 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 CHERRY COTTAGE). 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 CHERRY COTTAGE?

CHERRY COTTAGE is located on TOP ROAD in SHARPTHORNE, in the RH19 postcode district. The below map shows the position of CHERRY COTTAGE on TOP ROAD.