15, FARNEFOLD ROAD, STEYNING, BN44 3SN - £320,000

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

15 FARNEFOLD ROAD is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £320,000 in September 2021, which was around 49% below the average September 2021 detached price in the Horsham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

15 FARNEFOLD ROAD Sold Prices

Land registry data shows five sales for 15 FARNEFOLD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the five 15 FARNEFOLD ROAD 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 15 SEP	£320,000	£631,737	49% below HPI
2020 4 DEC	£265,000	£612,552	57% below HPI
2015 3 NOV	£232,500	£548,199	58% below HPI
2007 29 MAY	£160,000	£417,081	62% below HPI
1997 7 NOV	£58,500	£161,540	64% below HPI

15 FARNEFOLD ROAD 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 five 15 FARNEFOLD ROAD sales between November 1997 and September 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 December 2020 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2021 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 15 FARNEFOLD ROAD?

15 FARNEFOLD ROAD is 50m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 FARNEFOLD ROAD lies on this distribution: Less than 1% of detached houses are smaller than 15 FARNEFOLD ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Steyning.

15 FARNEFOLD ROAD: Plot and Title Map

15 FARNEFOLD ROAD sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 15 FARNEFOLD ROAD, 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 FARNEFOLD ROAD). 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 FARNEFOLD ROAD?

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