31, ELM DRIVE, EAST GRINSTEAD, RH19 3UH - £280,000

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.

31 ELM DRIVE is a very small terraced house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £336,970. It was last sold for £280,000 in April 2019, which was around 7% below the average April 2019 terraced price in the Mid Sussex local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

31 ELM DRIVE Sold Prices

Land registry data shows five sales for 31 ELM DRIVE 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 31 ELM DRIVE 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
2019 26 APR	£280,000	£301,801	7% below HPI
2016 16 DEC	£285,000	£294,654	3% below HPI
2005 31 OCT	£160,000	£187,551	15% below HPI
2002 25 SEP	£137,500	£142,515	4% below HPI
1999 20 JUL	£78,000	£89,754	13% below HPI

31 ELM DRIVE 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 31 ELM DRIVE sales between July 1999 and April 2019 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 December 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 31 ELM DRIVE be worth now?

31 ELM DRIVE might now be worth an estimated £336,970.

This is based on house price inflation of 20.3%, between April 2019 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 20.3% inflationary increase is applied to the most recent sale price for 31 ELM DRIVE of £280,000 on 26th April 2019. For the value to have increased from £280,000 to £336,970 over the five years and ten months to June 2025, the following assumptions must hold true:

• The value of 31 ELM DRIVE has moved in line with the HPI for terraced houses in the Mid Sussex local authority area.
• The April 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ELM DRIVE has not materially changed since April 2019.

How Large is 31 ELM DRIVE?

31 ELM DRIVE is 55m² according to the EPC inspection conducted in August 2016. 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 31 ELM DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 31 ELM DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

31 ELM DRIVE: Plot and Title Map

31 ELM DRIVE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 31 ELM DRIVE, 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 31 ELM DRIVE). 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 31 ELM DRIVE?

31 ELM DRIVE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 31 on ELM DRIVE.