2, CHAPEL CLOSE, WATERSFIELD, PULBOROUGH, RH20 1SA - £280,000

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

2 CHAPEL CLOSE is a small detached house of 131m², built sometime between 1996 and 2002. It was last sold for £280,000 in October 2004, which was around 25% below the average October 2004 detached price in the Horsham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was F, and the potential energy rating was E.

2 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 2 CHAPEL CLOSE 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. Both of the two 2 CHAPEL CLOSE 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
2004 13 OCT	£280,000	£372,523	25% below HPI
2002 1 OCT	£269,950	£322,217	16% below HPI

2 CHAPEL CLOSE 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 CHAPEL CLOSE sales from October 2002 and October 2004 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 October 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2004 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 CHAPEL CLOSE?

2 CHAPEL CLOSE is 131m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Watersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Watersfield, and where 2 CHAPEL CLOSE lies on this distribution: 34% of detached houses are smaller than 2 CHAPEL CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Watersfield.

2 CHAPEL CLOSE: Plot and Title Map

2 CHAPEL CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 CHAPEL CLOSE, 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 CHAPEL CLOSE). 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 CHAPEL CLOSE?

2 CHAPEL CLOSE is located in WATERSFIELD, in the RH20 postcode district. The below map shows the position of No. 2 on CHAPEL CLOSE.