TYES COTTAGE, SHIP STREET, EAST GRINSTEAD, RH19 4EE - £385,000

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

TYES COTTAGE is a very small extended detached house of 57m², built sometime before 1900. It was last sold for £385,000 in May 2016, which was around 32% below the average May 2016 detached price in the Mid Sussex local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

TYES COTTAGE Sold Prices

Land registry data shows three sales for TYES COTTAGE 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 TYES COTTAGE 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
2016 27 MAY	£385,000	£563,310	32% below HPI
2006 18 JAN	£185,000	£355,660	48% below HPI
2002 28 MAR	£90,000	£284,414	68% below HPI

TYES COTTAGE 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 TYES COTTAGE sales between March 2002 and May 2016 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 January 2006 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is TYES COTTAGE?

TYES COTTAGE is 57m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 TYES COTTAGE lies on this distribution: 1% of detached houses are smaller than TYES COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

TYES COTTAGE: Plot and Title Map

TYES COTTAGE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of TYES COTTAGE, 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 TYES COTTAGE). 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 TYES COTTAGE?

TYES COTTAGE is located on SHIP STREET in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of TYES COTTAGE on SHIP STREET.