2, THE CEDARS, PARBROOK, BILLINGSHURST, RH14 9ES - £442,250

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 THE CEDARS is a very large detached house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £847,345. It was last sold for £442,250 in September 2005, which was around 13% above the average September 2005 detached price in the Horsham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was A.

2 THE CEDARS Sold Prices

Land registry data shows two sales for 2 THE CEDARS 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 THE CEDARS 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
2005 23 SEP	£442,250	£391,676	13% above HPI
1997 27 JUN	£226,000	£160,500	41% above HPI

2 THE CEDARS 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 THE CEDARS sales from June 1997 and September 2005 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2005 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 THE CEDARS be worth now?

2 THE CEDARS might now be worth an estimated £847,345.

This is based on house price inflation of 91.6%, between September 2005 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 91.6% inflationary increase is applied to the most recent sale price for 2 THE CEDARS of £442,250 on 23rd September 2005. For the value to have increased from £442,250 to £847,345 over the twenty years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 THE CEDARS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The September 2005 sale price of £442,250 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CEDARS has not materially changed since September 2005.

How Large is 2 THE CEDARS?

2 THE CEDARS is 187m² according to the EPC inspection conducted in May 2023. This puts it in the largest 20% 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 THE CEDARS lies on this distribution: 88% of detached houses houses are smaller than 2 THE CEDARS, and 12% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

2 THE CEDARS: Plot and Title Map

2 THE CEDARS sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 2 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

2 THE CEDARS is located in PARBROOK, in the RH14 postcode district. The below map shows the position of 2 THE CEDARS in PARBROOK.