4, VERBANIA WAY, EAST GRINSTEAD, RH19 3UP - £155,000

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.

4 VERBANIA WAY is a very small terraced house of 44m², built sometime between 1983 and 1990, which could now be worth an estimated £259,770. It was last sold for £155,000 in June 2012, which was around 28% below the average June 2012 terraced price in the Mid Sussex local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

4 VERBANIA WAY Sold Prices

Land registry data shows four sales for 4 VERBANIA WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Sussex local authority area for the corresponding sale date. All of the four 4 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
2012 6 JUN	£155,000	£216,719	28% below HPI
2010 30 JUL	£162,500	£221,653	27% below HPI
2005 12 APR	£147,000	£190,727	23% below HPI
2001 30 APR	£92,000	£118,181	22% below HPI

4 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 four 4 VERBANIA WAY sales between April 2001 and June 2012 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 July 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2012 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 VERBANIA WAY be worth now?

4 VERBANIA WAY might now be worth an estimated £259,770.

This is based on house price inflation of 67.6%, between June 2012 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 67.6% inflationary increase is applied to the most recent sale price for 4 VERBANIA WAY of £155,000 on 6th June 2012. For the value to have increased from £155,000 to £259,770 over the thirteen years to June 2025, the following assumptions must hold true:

• The value of 4 VERBANIA WAY has moved in line with the HPI for terraced houses in the Mid Sussex local authority area.
• The June 2012 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VERBANIA WAY has not materially changed since June 2012.

How Large is 4 VERBANIA WAY?

4 VERBANIA WAY is 44m² according to the EPC inspection conducted in January 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 4 VERBANIA WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 4 VERBANIA WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

4 VERBANIA WAY: Plot and Title Map

4 VERBANIA WAY sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 4 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 4 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 4 VERBANIA WAY?

4 VERBANIA WAY is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 4 on VERBANIA WAY.