46, RAILWAY APPROACH, EAST GRINSTEAD, RH19 1BP - £295,000

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.

46 RAILWAY APPROACH is a very small extended terraced house of 55m², built sometime between 1900 and 1929, which could now be worth an estimated £352,329. It was last sold for £295,000 in February 2020, which was around 3% below the average February 2020 terraced price in the Mid Sussex local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

46 RAILWAY APPROACH Sold Prices

Land registry data shows two sales for 46 RAILWAY APPROACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Mid Sussex local authority area for the corresponding sale date. Both of the two 46 RAILWAY APPROACH 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
2020 11 FEB	£295,000	£304,108	3% below HPI
2016 5 AUG	£90,000	£301,407	70% below HPI

46 RAILWAY APPROACH 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 two 46 RAILWAY APPROACH sales from August 2016 and February 2020 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 August 2016 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the February 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 46 RAILWAY APPROACH be worth now?

46 RAILWAY APPROACH might now be worth an estimated £352,329.

This is based on house price inflation of 19.4%, between February 2020 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 19.4% inflationary increase is applied to the most recent sale price for 46 RAILWAY APPROACH of £295,000 on 11th February 2020. For the value to have increased from £295,000 to £352,329 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 46 RAILWAY APPROACH has moved in line with the HPI for terraced houses in the Mid Sussex local authority area.
• The February 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 46 RAILWAY APPROACH has not materially changed since February 2020.

How Large is 46 RAILWAY APPROACH?

46 RAILWAY APPROACH is 55m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 46 RAILWAY APPROACH lies on this distribution: 1% of terraced houses houses are smaller than 46 RAILWAY APPROACH, and 99% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

46 RAILWAY APPROACH: Plot and Title Map

46 RAILWAY APPROACH sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 46 RAILWAY APPROACH, 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 46 RAILWAY APPROACH). 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 46 RAILWAY APPROACH?

46 RAILWAY APPROACH is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 46 on RAILWAY APPROACH.