THIRDACRE, HACKENDEN LANE, EAST GRINSTEAD, RH19 3DT - £476,000

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

THIRDACRE is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £476,000 in February 2021, which was around 24% below the average February 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

THIRDACRE Sold Prices

Land registry data shows three sales for THIRDACRE 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 THIRDACRE 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
2021 9 FEB	£476,000	£623,751	24% below HPI
2018 28 SEP	£470,000	£625,692	25% below HPI
2008 1 FEB	£390,000	£445,979	13% below HPI

THIRDACRE 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 THIRDACRE sales between February 2008 and February 2021 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 September 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THIRDACRE?

THIRDACRE is 117m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% 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 THIRDACRE lies on this distribution: 46% of detached houses are smaller than THIRDACRE, and 53% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

THIRDACRE: Plot and Title Map

THIRDACRE sits on a plot of roughly 0.251 of an acre, or 1,015m². The below map shows the location of THIRDACRE, 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 THIRDACRE). 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 THIRDACRE?

THIRDACRE is located on HACKENDEN LANE in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of THIRDACRE on HACKENDEN LANE.