FLAT 5, SHARPTHORNE HOUSE, TOP ROAD, SHARPTHORNE, EAST GRINSTEAD, RH19 4PQ - £79,000

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FLAT 5 SHARPTHORNE HOUSE is a very small flat of 35m², built sometime between 1900 and 1929, which could now be worth an estimated £115,066. It was last sold for £79,000 in January 2012, which was around 47% below the average January 2012 flat price in the Mid Sussex local authority area. The most recent EPC inspection was December 2010, where the current energy rating was F, and the potential energy rating was E.

FLAT 5 SHARPTHORNE HOUSE Sold Prices

Land registry data shows three sales for FLAT 5 SHARPTHORNE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Mid Sussex local authority area for the corresponding sale date. All of the three FLAT 5 SHARPTHORNE HOUSE 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 20 JAN	£79,000	£150,319	47% below HPI
1998 16 OCT	£45,000	£61,088	26% below HPI
1995 7 MAR	£23,000	£46,948	51% below HPI

What might FLAT 5 SHARPTHORNE HOUSE be worth now?

FLAT 5 SHARPTHORNE HOUSE might now be worth an estimated £115,066.

This is based on house price inflation of 45.7%, between January 2012 and April 2026, for flats, 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 45.7% inflationary increase is applied to the most recent sale price for FLAT 5 SHARPTHORNE HOUSE of £79,000 on 20th January 2012. For the value to have increased from £79,000 to £115,066 over the thirteen years and nine months to April 2026, the following assumptions must hold true:

• The value of FLAT 5 SHARPTHORNE HOUSE has moved in line with the HPI for flats in the Mid Sussex local authority area.
• The January 2012 sale price of £79,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 5 SHARPTHORNE HOUSE has not materially changed since January 2012.

How Large is FLAT 5 SHARPTHORNE HOUSE?

FLAT 5 SHARPTHORNE HOUSE is 35m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 20% of flats in Sharpthorne, based on EPC data. 11% of flats are smaller than FLAT 5 SHARPTHORNE HOUSE, and 89% of flats are larger. Note that EPC data is not available for all properties in Sharpthorne.

FLAT 5 SHARPTHORNE HOUSE: Plot

FLAT 5 SHARPTHORNE HOUSE sits on a plot of roughly 0.279 of an acre, or 1,128m².

Where is FLAT 5 SHARPTHORNE HOUSE?

FLAT 5, SHARPTHORNE HOUSE is located on TOP ROAD in SHARPTHORNE, in the RH19 postcode district.