10, VERBANIA WAY, EAST GRINSTEAD, RH19 3UP - £288,000

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.

10 VERBANIA WAY is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £329,452. It was last sold for £288,000 in March 2021, which was around 9% below the average March 2021 terraced price in the Mid Sussex local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was A.

10 VERBANIA WAY Sold Prices

Land registry data shows five sales for 10 VERBANIA WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Mid Sussex local authority area for the corresponding sale date. All of the five 10 VERBANIA WAY 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 1 MAR	£288,000	£317,508	9% below HPI
2018 22 FEB	£267,500	£302,832	12% below HPI
2014 19 SEP	£245,000	£258,560	5% below HPI
2008 18 JAN	£202,500	£228,896	12% below HPI
1999 26 FEB	£82,500	£83,272	1% below HPI

10 VERBANIA WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Sussex local authority area over time, sourced from the HPI. The five 10 VERBANIA WAY sales between February 1999 and March 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 February 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 10 VERBANIA WAY be worth now?

10 VERBANIA WAY might now be worth an estimated £329,452.

This is based on house price inflation of 14.4%, between March 2021 and June 2025, for terraced 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 14.4% inflationary increase is applied to the most recent sale price for 10 VERBANIA WAY of £288,000 on 1st March 2021. For the value to have increased from £288,000 to £329,452 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 10 VERBANIA WAY has moved in line with the HPI for terraced houses in the Mid Sussex local authority area.
• The March 2021 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 10 VERBANIA WAY has not materially changed since March 2021.

How Large is 10 VERBANIA WAY?

10 VERBANIA WAY is 56m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in East Grinstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in East Grinstead, and where 10 VERBANIA WAY lies on this distribution: 1% of terraced houses houses are smaller than 10 VERBANIA WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

10 VERBANIA WAY: Plot and Title Map

10 VERBANIA WAY sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 10 VERBANIA WAY, 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 10 VERBANIA WAY). 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 10 VERBANIA WAY?

10 VERBANIA WAY is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 10 on VERBANIA WAY.