5, STEPHENSON DRIVE, EAST GRINSTEAD, RH19 4AP - £495,000

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.

5 STEPHENSON DRIVE is a small detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £590,356. It was last sold for £495,000 in June 2021, which was around 21% below the average June 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

5 STEPHENSON DRIVE Sold Prices

Land registry data shows four sales for 5 STEPHENSON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the four 5 STEPHENSON 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
2021 30 JUN	£495,000	£626,856	21% below HPI
2016 15 NOV	£445,000	£596,335	25% below HPI
1999 25 NOV	£155,000	£209,620	26% below HPI
1996 24 OCT	£110,750	£133,856	17% below HPI

5 STEPHENSON DRIVE 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 four 5 STEPHENSON DRIVE sales between October 1996 and June 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5 STEPHENSON DRIVE be worth now?

5 STEPHENSON DRIVE might now be worth an estimated £590,356.

This is based on house price inflation of 19.3%, between June 2021 and February 2025, for detached 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 19.3% inflationary increase is applied to the most recent sale price for 5 STEPHENSON DRIVE of £495,000 on 30th June 2021. For the value to have increased from £495,000 to £590,356 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 STEPHENSON DRIVE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The June 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STEPHENSON DRIVE has not materially changed since June 2021.

How Large is 5 STEPHENSON DRIVE?

5 STEPHENSON DRIVE is 97m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Grinstead, and where 5 STEPHENSON DRIVE lies on this distribution: 25% of detached houses houses are smaller than 5 STEPHENSON DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

5 STEPHENSON DRIVE: Plot and Title Map

5 STEPHENSON DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 5 STEPHENSON 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 5 STEPHENSON 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 5 STEPHENSON DRIVE?

5 STEPHENSON DRIVE is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 5 on STEPHENSON DRIVE.