RUSSETS, FELCOURT ROAD, FELCOURT, EAST GRINSTEAD, RH19 2LA - £560,000

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.

RUSSETS is a small extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £668,400. It was last sold for £560,000 in November 2015, which was around 24% below the average November 2015 detached price in the Tandridge local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

RUSSETS Sold Prices

Land registry data shows two sales for RUSSETS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tandridge local authority area for the corresponding sale date. Both of the two RUSSETS 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
2015 6 NOV	£560,000	£734,280	24% below HPI
2005 4 AUG	£363,000	£454,029	20% below HPI

RUSSETS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The two RUSSETS sales from August 2005 and November 2015 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 August 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might RUSSETS be worth now?

RUSSETS might now be worth an estimated £668,400.

This is based on house price inflation of 19.4%, between November 2015 and February 2025, for detached houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for RUSSETS of £560,000 on 6th November 2015. For the value to have increased from £560,000 to £668,400 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of RUSSETS has moved in line with the HPI for detached houses in the Tandridge local authority area.
• The November 2015 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of RUSSETS has not materially changed since November 2015.

How Large is RUSSETS?

RUSSETS is 141m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses houses in Felcourt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felcourt, and where RUSSETS lies on this distribution: 33% of detached houses houses are smaller than RUSSETS, and 64% of houses are larger. Note that EPC data is not available for all properties in Felcourt.

RUSSETS: Plot and Title Map

RUSSETS sits on a plot of roughly 0.378 of an acre, or 1,531m². The below map shows the location of RUSSETS, 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 RUSSETS). 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 RUSSETS?

RUSSETS is located on FELCOURT ROAD in FELCOURT, in the RH19 postcode district. The below map shows the position of RUSSETS on FELCOURT ROAD.