GILRIDGE, BRIGHTON ROAD, HANDCROSS, HAYWARDS HEATH, RH17 6BZ - £465,000

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.

GILRIDGE is a very small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £533,863. It was last sold for £465,000 in August 2018, which was around 26% below the average August 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

GILRIDGE Sold Prices

Land registry data shows two sales for GILRIDGE since 1^st 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 GILRIDGE 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
2018 1 AUG	£465,000	£631,651	26% below HPI
2001 25 MAY	£180,000	£260,026	31% below HPI

GILRIDGE 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 two GILRIDGE sales from May 2001 and August 2018 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might GILRIDGE be worth now?

GILRIDGE might now be worth an estimated £533,863.

This is based on house price inflation of 14.8%, between August 2018 and March 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 14.8% inflationary increase is applied to the most recent sale price for GILRIDGE of £465,000 on 1st August 2018. For the value to have increased from £465,000 to £533,863 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of GILRIDGE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The August 2018 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of GILRIDGE has not materially changed since August 2018.

How Large is GILRIDGE?

GILRIDGE is 90m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses houses in Handcross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Handcross, and where GILRIDGE lies on this distribution: 6% of detached houses houses are smaller than GILRIDGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Handcross.

GILRIDGE: Plot and Title Map

GILRIDGE sits on a plot of roughly 0.277 of an acre, or 1,123m². The below map shows the location of GILRIDGE, 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 GILRIDGE). 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 GILRIDGE?

GILRIDGE is located on BRIGHTON ROAD in HANDCROSS, in the RH17 postcode district. The below map shows the position of GILRIDGE on BRIGHTON ROAD.