2, RHODES WAY, BILLINGSHURST, RH14 9ZN - £416,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RHODES WAY is a very small detached house of 88m², which could now be worth an estimated £437,869. It was last sold for £416,000 in December 2021, which was around 42% below the average December 2021 detached price in the Horsham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

2 RHODES WAY Sold Prices

Land registry data shows two sales for 2 RHODES WAY 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 RHODES WAY 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
2021 15 DEC	£416,000	£712,965	42% below HPI
2018 15 JUN	£369,950	£643,348	42% below HPI

2 RHODES WAY 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 RHODES WAY sales from June 2018 and December 2021 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 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2021 sale, which was also at 42% below the HPI.

What might 2 RHODES WAY be worth now?

2 RHODES WAY might now be worth an estimated £437,869.

This is based on house price inflation of 5.3%, between December 2021 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% inflationary increase is applied to the most recent sale price for 2 RHODES WAY of £416,000 on 15th December 2021. For the value to have increased from £416,000 to £437,869 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 RHODES WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The December 2021 sale price of £416,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RHODES WAY has not materially changed since December 2021.

How Large is 2 RHODES WAY?

2 RHODES WAY is 88m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingshurst, and where 2 RHODES WAY lies on this distribution: 8% of detached houses houses are smaller than 2 RHODES WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

2 RHODES WAY: Plot and Title Map

2 RHODES WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2 RHODES WAY, 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 RHODES WAY). 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 RHODES WAY?

2 RHODES WAY is located in BILLINGSHURST, in the RH14 postcode district. The below map shows the position of No. 2 on RHODES WAY.