1, THE LILACS, 29, CHURCH LANE, UPPER BEEDING, STEYNING, BN44 3HP - £460,000

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 THE LILACS is a midsized extended detached house of 115m², built sometime from 2007 onwards, which could now be worth an estimated £526,530. It was last sold for £460,000 in June 2017, which was around 30% below the average June 2017 detached price in the Horsham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

1 THE LILACS Sold Prices

Land registry data shows three sales for 1 THE LILACS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three 1 THE LILACS 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 30 JUN	£460,000	£655,623	30% below HPI
2017 17 MAR	£450,000	£637,260	29% below HPI
2008 8 FEB	£350,000	£479,585	27% below HPI

1 THE LILACS 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 three 1 THE LILACS sales between February 2008 and June 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 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 THE LILACS be worth now?

1 THE LILACS might now be worth an estimated £526,530.

This is based on house price inflation of 14.5%, between June 2017 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 14.5% inflationary increase is applied to the most recent sale price for 1 THE LILACS of £460,000 on 30th June 2017. For the value to have increased from £460,000 to £526,530 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 THE LILACS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2017 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE LILACS has not materially changed since June 2017.

How Large is 1 THE LILACS?

1 THE LILACS is 115m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses houses in Upper Beeding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Beeding, and where 1 THE LILACS lies on this distribution: 53% of detached houses houses are smaller than 1 THE LILACS, and 46% of houses are larger. Note that EPC data is not available for all properties in Upper Beeding.

1 THE LILACS: Plot and Title Map

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

1, THE LILACS is located on CHURCH LANE in UPPER BEEDING, in the BN44 postcode district. The below map shows the position of 1, THE LILACS on CHURCH LANE.