2, OLD COTTAGES, HORSHAM ROAD, FINDON, WORTHING, BN14 0TQ - £320,000

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 OLD COTTAGES is a small extended semi-detached house of 94m², built sometime between 1900 and 1929. It was last sold for £320,000 in March 2019, which was around 29% below the average March 2019 detached price in the Arun local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 OLD COTTAGES Sold Prices

Land registry data shows five sales for 2 OLD COTTAGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 2 OLD COTTAGES 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
2019 14 MAR	£320,000	£451,766	29% below HPI
2015 14 OCT	£292,500	£394,663	26% below HPI
2007 8 JAN	£235,000	£309,031	24% below HPI
2004 14 OCT	£226,600	£292,129	22% below HPI
1997 6 JUN	£63,000	£106,826	41% below HPI

2 OLD COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The five 2 OLD COTTAGES sales between June 1997 and March 2019 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 OLD COTTAGES?

2 OLD COTTAGES is 94m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Findon, based on EPC data. The below chart shows the distribution of detached houses by size in Findon, and where 2 OLD COTTAGES lies on this distribution: 31% of detached houses are smaller than 2 OLD COTTAGES, and 68% of houses are larger. Note that EPC data is not available for all properties in Findon.

2 OLD COTTAGES: Plot and Title Map

2 OLD COTTAGES sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 OLD COTTAGES, 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 OLD COTTAGES). 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 OLD COTTAGES?

2 OLD COTTAGES is located on HORSHAM ROAD in FINDON, in the BN14 postcode district. The below map shows the position of 2 OLD COTTAGES on HORSHAM ROAD.