2, CEDAR WAY, HENFIELD, BN5 9RZ - £575,000

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

2 CEDAR WAY is a large detached house of 165m², built sometime between 1950 and 1966. It was last sold for £575,000 in September 2015, which was around 6% above the average September 2015 detached price in the Horsham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

2 CEDAR WAY Sold Prices

Land registry data shows two sales for 2 CEDAR WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. One of the two 2 CEDAR WAY sales was for above the average price, whilst the other was 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 11 SEP	£575,000	£539,937	6% above HPI
1997 20 MAR	£129,950	£135,533	4% below HPI

2 CEDAR 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 two 2 CEDAR WAY sales from March 1997 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 March 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 CEDAR WAY?

2 CEDAR WAY is 165m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Henfield, based on EPC data. The below chart shows the distribution of detached houses by size in Henfield, and where 2 CEDAR WAY lies on this distribution: 77% of detached houses are smaller than 2 CEDAR WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Henfield.

2 CEDAR WAY: Plot and Title Map

2 CEDAR WAY sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of 2 CEDAR 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 2 CEDAR 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 2 CEDAR WAY?

2 CEDAR WAY is located in HENFIELD, in the BN5 postcode district. The below map shows the position of No. 2 on CEDAR WAY.