WAYSIDE, OLD ROAD, EAST GRINSTEAD, RH19 3NH - £500,000

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

WAYSIDE is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £500,000 in June 2022, which was around 27% below the average June 2022 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

WAYSIDE Sold Prices

Land registry data shows two sales for WAYSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two WAYSIDE 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
2022 9 JUN	£500,000	£683,879	27% below HPI
1999 6 MAY	£150,000	£185,121	19% below HPI

WAYSIDE 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 two WAYSIDE sales from May 1999 and June 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 May 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is WAYSIDE?

WAYSIDE is 75m², which includes two extensions, according to the EPC inspection conducted in March 2023. 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 WAYSIDE lies on this distribution: 6% of detached houses are smaller than WAYSIDE, and 93% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

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