WESTERN OCEAN, LOWDELLS LANE, EAST GRINSTEAD, RH19 2AP - £465,000

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

WESTERN OCEAN is a small detached house of 102m², built sometime between 1967 and 1975. It was last sold for £465,000 in February 2021, which was around 25% below the average February 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

WESTERN OCEAN Sold Prices

Land registry data shows two sales for WESTERN OCEAN 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 WESTERN OCEAN 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 19 FEB	£465,000	£623,751	25% below HPI
2012 23 NOV	£330,000	£424,163	22% below HPI

WESTERN OCEAN 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 WESTERN OCEAN sales from November 2012 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 November 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is WESTERN OCEAN?

WESTERN OCEAN is 102m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% 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 WESTERN OCEAN lies on this distribution: 30% of detached houses are smaller than WESTERN OCEAN, and 69% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

WESTERN OCEAN: Plot and Title Map

WESTERN OCEAN sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of WESTERN OCEAN, 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 WESTERN OCEAN). 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 WESTERN OCEAN?

WESTERN OCEAN is located on LOWDELLS LANE in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of WESTERN OCEAN on LOWDELLS LANE.