1, CLEVE WAY, BILLINGSHURST, RH14 9RW - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CLEVE WAY is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £415,000 in August 2017, which was around 31% below the average August 2017 detached price in the Horsham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

1 CLEVE WAY Sold Prices

Land registry data shows two sales for 1 CLEVE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two 1 CLEVE 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
2017 11 AUG	£415,000	£599,132	31% below HPI
2002 7 MAR	£250,000	£284,120	12% below HPI

1 CLEVE WAY 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 two 1 CLEVE WAY sales from March 2002 and August 2017 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 March 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 CLEVE WAY?

1 CLEVE WAY is 115m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses by size in Billingshurst, and where 1 CLEVE WAY lies on this distribution: 39% of detached houses are smaller than 1 CLEVE WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

1 CLEVE WAY: Plot and Title Map

1 CLEVE WAY sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 1 CLEVE 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 1 CLEVE 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 1 CLEVE WAY?

1 CLEVE WAY is located in BILLINGSHURST, in the RH14 postcode district. The below map shows the position of No. 1 on CLEVE WAY.