CHESTNUTS, LONDON ROAD, BOLNEY, HAYWARDS HEATH, RH17 5QA - £370,000

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

CHESTNUTS is a very small extended detached house of 59m², built sometime between 2003 and 2006. It was last sold for £370,000 in June 2024, which was around 49% below the average June 2024 detached price in the Mid Sussex local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

CHESTNUTS Sold Prices

Land registry data shows three sales for CHESTNUTS 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 CHESTNUTS 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
2024 21 JUN	£370,000	£724,053	49% below HPI
2019 29 JUL	£312,000	£600,948	48% below HPI
1998 15 MAY	£89,950	£160,084	44% below HPI

CHESTNUTS 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 CHESTNUTS sales between May 1998 and June 2024 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 July 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2024 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is CHESTNUTS?

CHESTNUTS is 59m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Bolney, based on EPC data. The below chart shows the distribution of detached houses by size in Bolney, and where CHESTNUTS lies on this distribution: 2% of detached houses are smaller than CHESTNUTS, and 98% of houses are larger. Note that EPC data is not available for all properties in Bolney.

CHESTNUTS: Plot and Title Map

CHESTNUTS sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

CHESTNUTS is located on LONDON ROAD in BOLNEY, in the RH17 postcode district. The below map shows the position of CHESTNUTS on LONDON ROAD.