2, CHESTNUTS, WORTHING ROAD, SOUTHWATER, HORSHAM, RH13 9DT - £415,000

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 CHESTNUTS is a midsized detached house of 126m², built sometime between 1983 and 1990. It was last sold for £415,000 in July 2014, which was around 17% below the average July 2014 detached price in the Horsham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUTS Sold Prices

Land registry data shows two sales for 2 CHESTNUTS 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 CHESTNUTS 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
2014 23 JUL	£415,000	£500,234	17% below HPI
1999 10 AUG	£175,000	£195,592	11% below HPI

2 CHESTNUTS 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 CHESTNUTS sales from August 1999 and July 2014 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 August 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 CHESTNUTS?

2 CHESTNUTS is 126m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 2 CHESTNUTS lies on this distribution: 54% of detached houses are smaller than 2 CHESTNUTS, and 45% of houses are larger. Note that EPC data is not available for all properties in Southwater.

2 CHESTNUTS: Plot and Title Map

2 CHESTNUTS sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 2 CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

2 CHESTNUTS is located on WORTHING ROAD in SOUTHWATER, in the RH13 postcode district. The below map shows the position of 2 CHESTNUTS on WORTHING ROAD.