2, THE LILACS, 29, CHURCH LANE, UPPER BEEDING, STEYNING, BN44 3HP - £460,000

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 THE LILACS is a small detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £540,848. It was last sold for £460,000 in November 2016, which was around 28% below the average November 2016 detached price in the Horsham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 THE LILACS Sold Prices

Land registry data shows three sales for 2 THE LILACS 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. All of the three 2 THE LILACS 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
2016 24 NOV	£460,000	£638,267	28% below HPI
2012 6 DEC	£329,200	£476,558	31% below HPI
2007 10 MAY	£345,000	£451,762	24% below HPI

2 THE LILACS 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 THE LILACS sales between May 2007 and November 2016 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 December 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 THE LILACS be worth now?

2 THE LILACS might now be worth an estimated £540,848.

This is based on house price inflation of 17.6%, between November 2016 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 17.6% inflationary increase is applied to the most recent sale price for 2 THE LILACS of £460,000 on 24th November 2016. For the value to have increased from £460,000 to £540,848 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 THE LILACS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2016 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LILACS has not materially changed since November 2016.

How Large is 2 THE LILACS?

2 THE LILACS is 98m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Upper Beeding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Beeding, and where 2 THE LILACS lies on this distribution: 36% of detached houses houses are smaller than 2 THE LILACS, and 64% of houses are larger. Note that EPC data is not available for all properties in Upper Beeding.

2 THE LILACS: Plot and Title Map

2 THE LILACS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 THE LILACS, 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 LILACS). 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 LILACS?

2, THE LILACS is located on CHURCH LANE in UPPER BEEDING, in the BN44 postcode district. The below map shows the position of 2, THE LILACS on CHURCH LANE.