110, TIMBER MILL, SOUTHWATER, HORSHAM, RH13 9SR - £365,000

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

110 TIMBER MILL is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £365,000 in September 2015, which was around 32% below the average September 2015 detached price in the Horsham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

110 TIMBER MILL Sold Prices

Land registry data shows four sales for 110 TIMBER MILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 110 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
2015 17 SEP	£365,000	£539,937	32% below HPI
2012 27 JUL	£250,000	£442,869	44% below HPI
2001 14 SEP	£157,000	£267,075	41% below HPI
1998 22 JUN	£107,950	£171,048	37% below HPI

110 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 four 110 TIMBER MILL sales between June 1998 and September 2015 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 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2015 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 110 TIMBER MILL?

110 TIMBER MILL is 75m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 110 TIMBER MILL lies on this distribution: 6% of detached houses are smaller than 110 TIMBER MILL, and 93% of houses are larger. Note that EPC data is not available for all properties in Southwater.

110 TIMBER MILL: Plot and Title Map

110 TIMBER MILL sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 110 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 110 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 110 TIMBER MILL?

110 TIMBER MILL is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 110 on TIMBER MILL.