DERWENT COTTAGE, THE STREET, WARNINGLID, HAYWARDS HEATH, RH17 5TR - £585,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

DERWENT COTTAGE is a very small detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £722,792. It was last sold for £585,000 in February 2017, which was around 3% below the average February 2017 detached price in the Mid Sussex local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

DERWENT COTTAGE Sold Prices

Land registry data shows three sales for DERWENT 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. One of the three DERWENT COTTAGE sales was for below the average price, whilst two were for above 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
2017 22 FEB	£585,000	£605,089	3% below HPI
2005 6 MAY	£455,000	£370,877	23% above HPI
1996 28 MAY	£167,000	£127,503	31% above HPI

DERWENT 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 DERWENT COTTAGE sales between May 1996 and February 2017 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 May 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might DERWENT COTTAGE be worth now?

DERWENT COTTAGE might now be worth an estimated £722,792.

This is based on house price inflation of 23.6%, between February 2017 and February 2025, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.6% inflationary increase is applied to the most recent sale price for DERWENT COTTAGE of £585,000 on 22nd February 2017. For the value to have increased from £585,000 to £722,792 over the eight years to February 2025, the following assumptions must hold true:

• The value of DERWENT COTTAGE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The February 2017 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of DERWENT COTTAGE has not materially changed since February 2017.

How Large is DERWENT COTTAGE?

DERWENT COTTAGE is 114m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in Warninglid, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warninglid, and where DERWENT COTTAGE lies on this distribution: 12% of detached houses houses are smaller than DERWENT COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Warninglid.

DERWENT COTTAGE: Plot and Title Map

DERWENT COTTAGE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of DERWENT 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 DERWENT 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 DERWENT COTTAGE?

DERWENT COTTAGE is located on THE STREET in WARNINGLID, in the RH17 postcode district. The below map shows the position of DERWENT COTTAGE on THE STREET.