2, LAKESIDE DRIVE, SOUTHWATER, HORSHAM, RH13 9TR - £465,000

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 LAKESIDE DRIVE is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £465,000 in August 2011, which was around 10% above the average August 2011 detached price in the Horsham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

2 LAKESIDE DRIVE Sold Prices

Land registry data shows two sales for 2 LAKESIDE DRIVE 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 LAKESIDE DRIVE sales were for above 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
2011 19 AUG	£465,000	£424,584	10% above HPI
1997 18 JUN	£165,000	£148,179	11% above HPI

2 LAKESIDE DRIVE 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 LAKESIDE DRIVE sales from June 1997 and August 2011 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 June 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2011 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 LAKESIDE DRIVE?

2 LAKESIDE DRIVE is 113m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 LAKESIDE DRIVE lies on this distribution: 42% of detached houses are smaller than 2 LAKESIDE DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Southwater.

2 LAKESIDE DRIVE: Plot and Title Map

2 LAKESIDE DRIVE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 2 LAKESIDE DRIVE, 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 LAKESIDE DRIVE). 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 LAKESIDE DRIVE?

2 LAKESIDE DRIVE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 2 on LAKESIDE DRIVE.