15, THE GABLES, SOUTHWATER, HORSHAM, RH13 9BW - £525,000

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 THE GABLES is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £525,000 in June 2023, which was around 23% below the average June 2023 detached price in the Horsham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 THE GABLES Sold Prices

Land registry data shows three sales for 15 THE GABLES 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 15 THE GABLES 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
2023 22 JUN	£525,000	£681,098	23% below HPI
2013 12 DEC	£290,000	£466,007	38% below HPI
2001 24 MAY	£162,500	£247,051	34% below HPI

15 THE GABLES 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 15 THE GABLES sales between May 2001 and June 2023 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 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 THE GABLES?

15 THE GABLES is 68m² according to the EPC inspection conducted in August 2013. 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 15 THE GABLES lies on this distribution: 2% of detached houses are smaller than 15 THE GABLES, and 98% of houses are larger. Note that EPC data is not available for all properties in Southwater.

15 THE GABLES: Plot and Title Map

15 THE GABLES sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 15 THE GABLES, 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 THE GABLES). 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 THE GABLES?

15 THE GABLES is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 15 on THE GABLES.