2, WAKEFORD LANE, BROADBRIDGE HEATH, HORSHAM, RH12 3UE - £497,000

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 WAKEFORD LANE is a very small detached house of 95m². It was last sold for £497,000 in November 2023, which was around 26% below the average November 2023 detached price in the Horsham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

2 WAKEFORD LANE Sold Prices

Land registry data shows three sales for 2 WAKEFORD LANE 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 WAKEFORD LANE 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
2023 30 NOV	£497,000	£671,591	26% below HPI
2017 1 SEP	£460,000	£600,649	23% below HPI
2014 31 JUL	£400,000	£500,234	20% below HPI

2 WAKEFORD LANE 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 WAKEFORD LANE sales between July 2014 and November 2023 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 September 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WAKEFORD LANE?

2 WAKEFORD LANE is 95m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Broadbridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Broadbridge Heath, and where 2 WAKEFORD LANE lies on this distribution: 13% of detached houses are smaller than 2 WAKEFORD LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Broadbridge Heath.

2 WAKEFORD LANE: Plot and Title Map

2 WAKEFORD LANE sits on a plot of roughly 0.468 of an acre, or 1,895m². The below map shows the location of 2 WAKEFORD LANE, 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 WAKEFORD LANE). 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 WAKEFORD LANE?

2 WAKEFORD LANE is located in BROADBRIDGE HEATH, in the RH12 postcode district. The below map shows the position of No. 2 on WAKEFORD LANE.