1, PENLANDS RISE, STEYNING, BN44 3PJ - £495,000

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 PENLANDS RISE is a small detached house of 114m², built sometime between 1950 and 1966. It was last sold for £495,000 in September 2019, which was around 17% below the average September 2019 detached price in the Horsham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

1 PENLANDS RISE Sold Prices

Land registry data shows two sales for 1 PENLANDS RISE 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 PENLANDS RISE 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
2019 19 SEP	£495,000	£599,448	17% below HPI
2006 14 JUN	£291,000	£373,627	22% below HPI

1 PENLANDS RISE 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 PENLANDS RISE sales from June 2006 and September 2019 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 June 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 PENLANDS RISE?

1 PENLANDS RISE is 114m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where 1 PENLANDS RISE lies on this distribution: 39% of detached houses are smaller than 1 PENLANDS RISE, and 60% of houses are larger. Note that EPC data is not available for all properties in Steyning.

1 PENLANDS RISE: Plot and Title Map

1 PENLANDS RISE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 1 PENLANDS RISE, 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 PENLANDS RISE). 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 PENLANDS RISE?

1 PENLANDS RISE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 1 on PENLANDS RISE.