11, TIMBER MILL, SOUTHWATER, HORSHAM, RH13 9SX - £432,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 TIMBER MILL is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £432,000 in November 2020, which was around 29% below the average November 2020 detached price in the Horsham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

11 TIMBER MILL Sold Prices

Land registry data shows three sales for 11 TIMBER MILL 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 11 TIMBER MILL 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
2020 3 NOV	£432,000	£611,715	29% below HPI
2007 29 AUG	£285,000	£425,806	33% below HPI
2001 2 NOV	£167,500	£276,110	39% below HPI

11 TIMBER MILL 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 11 TIMBER MILL sales between November 2001 and November 2020 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 August 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 11 TIMBER MILL?

11 TIMBER MILL is 104m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 11 TIMBER MILL lies on this distribution: 30% of detached houses are smaller than 11 TIMBER MILL, and 68% of houses are larger. Note that EPC data is not available for all properties in Southwater.

11 TIMBER MILL: Plot and Title Map

11 TIMBER MILL sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 11 TIMBER MILL, 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 11 TIMBER MILL). 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 11 TIMBER MILL?

11 TIMBER MILL is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 11 on TIMBER MILL.