THE PINES, HAMMERWOOD ROAD, ASHURST WOOD, EAST GRINSTEAD, RH19 3TG - £1,350,000

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.

THE PINES is a very large extended detached house of 237m², built sometime between 1950 and 1966, which could now be worth an estimated £1,380,331. It was last sold for £1,350,000 in September 2022, which was around 85% above the average September 2022 detached price in the Mid Sussex local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

THE PINES Sold Prices

Land registry data shows three sales for THE PINES 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. All of the three THE PINES sales 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
2022 2 SEP	£1,350,000	£731,185	85% above HPI
2020 17 DEC	£835,000	£644,265	30% above HPI
1995 31 AUG	£225,000	£127,673	76% above HPI

THE PINES 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 THE PINES sales between August 1995 and September 2022 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 December 2020 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2022 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might THE PINES be worth now?

THE PINES might now be worth an estimated £1,380,331.

This is based on house price inflation of 2.2%, between September 2022 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 2.2% inflationary increase is applied to the most recent sale price for THE PINES of £1,350,000 on 2nd September 2022. For the value to have increased from £1,350,000 to £1,380,331 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of THE PINES has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The September 2022 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of THE PINES has not materially changed since September 2022.

How Large is THE PINES?

THE PINES is 237m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Ashurst Wood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashurst Wood, and where THE PINES lies on this distribution: 89% of detached houses houses are smaller than THE PINES, and 11% of houses are larger. Note that EPC data is not available for all properties in Ashurst Wood.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.504 of an acre, or 2,041m². The below map shows the location of THE PINES, 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 THE PINES). 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 THE PINES?

THE PINES is located on HAMMERWOOD ROAD in ASHURST WOOD, in the RH19 postcode district. The below map shows the position of THE PINES on HAMMERWOOD ROAD.