2, TESTERS CLOSE, SOUTHWATER, HORSHAM, RH13 9BF - £540,000

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 TESTERS CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £540,000 in March 2021, which was around 10% below the average March 2021 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 D.

2 TESTERS CLOSE Sold Prices

Land registry data shows three sales for 2 TESTERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Two of the three 2 TESTERS CLOSE sales were for below the average price, whilst one was 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
2021 24 MAR	£540,000	£597,251	10% below HPI
2004 1 OCT	£299,589	£372,523	20% below HPI
2004 1 MAR	£350,000	£340,506	3% above HPI

2 TESTERS CLOSE 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 three 2 TESTERS CLOSE sales between March 2004 and March 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 October 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 TESTERS CLOSE?

2 TESTERS CLOSE is 64m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 TESTERS CLOSE lies on this distribution: 1% of detached houses are smaller than 2 TESTERS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southwater.

2 TESTERS CLOSE: Plot and Title Map

2 TESTERS CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 2 TESTERS CLOSE, 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 TESTERS CLOSE). 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 TESTERS CLOSE?

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