1, WELCOME PLACE, SOUTHWATER, HORSHAM, RH13 9AL - £714,000

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 WELCOME PLACE is a very large detached house of 168m². It was last sold for £714,000 in July 2017, which was around 19% above the average July 2017 detached price in the Horsham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

1 WELCOME PLACE Sold Prices

Land registry data shows two sales for 1 WELCOME PLACE 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 WELCOME PLACE sales were for above 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 19 JUL	£714,000	£598,054	19% above HPI
2016 28 JUL	£695,000	£574,498	21% above HPI

1 WELCOME PLACE 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 WELCOME PLACE sales from July 2016 and July 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 July 2016 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2017 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 1 WELCOME PLACE?

1 WELCOME PLACE is 168m² according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 1 WELCOME PLACE lies on this distribution: 84% of detached houses are smaller than 1 WELCOME PLACE, and 15% of houses are larger. Note that EPC data is not available for all properties in Southwater.

1 WELCOME PLACE: Plot and Title Map

1 WELCOME PLACE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 1 WELCOME PLACE, 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 WELCOME PLACE). 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 WELCOME PLACE?

1 WELCOME PLACE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 1 on WELCOME PLACE.