OASTED LODGE, LEWES ROAD, EAST GRINSTEAD, RH19 3UD - £685,000

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

OASTED LODGE is a very large detached house of 220m². It was last sold for £685,000 in March 2017, which was around 18% above the average March 2017 detached price in the Mid Sussex local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was B.

OASTED LODGE Sold Prices

Land registry data shows two sales for OASTED LODGE 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. One of the two OASTED LODGE sales was for above the average price, whilst the other was 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
2017 24 MAR	£685,000	£581,551	18% above HPI
2014 21 OCT	£340,000	£508,796	33% below HPI

OASTED LODGE 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 OASTED LODGE sales from October 2014 and March 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 October 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is OASTED LODGE?

OASTED LODGE is 220m² according to the EPC inspection conducted in December 2016. This puts it in the largest 10% of detached houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses by size in East Grinstead, and where OASTED LODGE lies on this distribution: 97% of detached houses are smaller than OASTED LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

OASTED LODGE: Plot and Title Map

OASTED LODGE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of OASTED LODGE, 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 OASTED LODGE). 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 OASTED LODGE?

OASTED LODGE is located on LEWES ROAD in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of OASTED LODGE on LEWES ROAD.