1, CHAPEL CLOSE, WATERSFIELD, PULBOROUGH, RH20 1SA - £375,000

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.

1 CHAPEL CLOSE is a very small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £398,133. It was last sold for £375,000 in October 2021, which was around 47% below the average October 2021 detached price in the Horsham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was A.

1 CHAPEL CLOSE Sold Prices

Land registry data shows four sales for 1 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 1 CHAPEL CLOSE 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 14 OCT	£375,000	£706,842	47% below HPI
2009 12 NOV	£240,000	£436,160	45% below HPI
2005 27 MAY	£241,000	£389,865	38% below HPI
2002 24 JUL	£189,950	£315,773	40% below HPI

1 CHAPEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The four 1 CHAPEL CLOSE sales between July 2002 and October 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 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 1 CHAPEL CLOSE be worth now?

1 CHAPEL CLOSE might now be worth an estimated £398,133.

This is based on house price inflation of 6.2%, between October 2021 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for 1 CHAPEL CLOSE of £375,000 on 14th October 2021. For the value to have increased from £375,000 to £398,133 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 CHAPEL CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHAPEL CLOSE has not materially changed since October 2021.

How Large is 1 CHAPEL CLOSE?

1 CHAPEL CLOSE is 87m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses houses in Watersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watersfield, and where 1 CHAPEL CLOSE lies on this distribution: 14% of detached houses houses are smaller than 1 CHAPEL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Watersfield.

1 CHAPEL CLOSE: Plot and Title Map

1 CHAPEL CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 1 CHAPEL CLOSE, 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 1 CHAPEL CLOSE). 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 1 CHAPEL CLOSE?

1 CHAPEL CLOSE is located in WATERSFIELD, in the RH20 postcode district. The below map shows the position of No. 1 on CHAPEL CLOSE.