SMARO, LEWES ROAD, EAST GRINSTEAD, RH19 3SX - £590,000

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

SMARO is a midsized extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £590,000 in December 2014, which was around 17% above the average December 2014 detached price in the Mid Sussex local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

SMARO Sold Prices

Land registry data shows three sales for SMARO 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. Two of the three SMARO sales were for above the average price, whilst one 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
2014 4 DEC	£590,000	£506,005	17% above HPI
2009 16 JUL	£427,500	£372,466	15% above HPI
2003 24 MAR	£312,500	£326,744	4% below HPI

SMARO 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 SMARO sales between March 2003 and December 2014 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 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is SMARO?

SMARO is 152m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses in Ashurst Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Ashurst Wood, and where SMARO lies on this distribution: 52% of detached houses are smaller than SMARO, and 48% of houses are larger. Note that EPC data is not available for all properties in Ashurst Wood.

SMARO: Plot and Title Map

SMARO sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of SMARO, 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 SMARO). 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 SMARO?

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