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 NEW PLACE ROAD is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £310,000 in September 2013, which was around 33% below the average September 2013 detached price in the Horsham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 2 NEW PLACE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the five 2 NEW PLACE ROAD 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 |
---|---|---|---|
2013 26 SEP | £310,000 | £462,675 | 33% below HPI |
2010 15 OCT | £279,000 | £434,073 | 36% below HPI |
2006 31 OCT | £297,500 | £391,485 | 24% below HPI |
2004 8 OCT | £282,500 | £372,523 | 24% below HPI |
1999 20 DEC | £134,000 | £207,297 | 35% below HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The five 2 NEW PLACE ROAD sales between December 1999 and September 2013 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 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2013 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
2 NEW PLACE ROAD is 86m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Pulborough, based on EPC data. The below chart shows the distribution of detached houses by size in Pulborough, and where 2 NEW PLACE ROAD lies on this distribution: 17% of detached houses are smaller than 2 NEW PLACE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Pulborough.
2 NEW PLACE ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 NEW PLACE ROAD, 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 NEW PLACE ROAD). 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.
2 NEW PLACE ROAD is located in PULBOROUGH, in the RH20 postcode district. The below map shows the position of No. 2 on NEW PLACE ROAD.