15, CANONS WAY, STEYNING, BN44 3SS - £450,000

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

15 CANONS WAY is a small extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £450,000 in February 2021, which was around 25% below the average February 2021 detached price in the Horsham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

15 CANONS WAY Sold Prices

Land registry data shows four sales for 15 CANONS WAY 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 15 CANONS WAY 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
2021 19 FEB	£450,000	£603,436	25% below HPI
2015 5 JAN	£416,000	£509,673	18% below HPI
2005 21 NOV	£270,000	£371,701	27% below HPI
1998 23 JAN	£130,500	£161,240	19% below HPI

15 CANONS WAY 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 15 CANONS WAY sales between January 1998 and February 2021 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 January 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 CANONS WAY?

15 CANONS WAY is 114m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 15 CANONS WAY lies on this distribution: 39% of detached houses are smaller than 15 CANONS WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Steyning.

15 CANONS WAY: Plot and Title Map

15 CANONS WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 15 CANONS WAY, 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 15 CANONS WAY). 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 15 CANONS WAY?

15 CANONS WAY is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 15 on CANONS WAY.