23, CEDAR DRIVE, SOUTHWATER, HORSHAM, RH13 9UF - £550,000

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

23 CEDAR DRIVE is a large extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £550,000 in April 2022, which was around 16% below the average April 2022 detached price in the Horsham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

23 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 23 CEDAR DRIVE 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 23 CEDAR DRIVE 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
2022 27 APR	£550,000	£654,453	16% below HPI
1997 4 AUG	£108,250	£150,720	28% below HPI

23 CEDAR DRIVE 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 23 CEDAR DRIVE sales from August 1997 and April 2022 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 August 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 23 CEDAR DRIVE?

23 CEDAR DRIVE is 146m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 23 CEDAR DRIVE lies on this distribution: 73% of detached houses are smaller than 23 CEDAR DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Southwater.

23 CEDAR DRIVE: Plot and Title Map

23 CEDAR DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 23 CEDAR DRIVE, 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 23 CEDAR DRIVE). 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 23 CEDAR DRIVE?

23 CEDAR DRIVE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 23 on CEDAR DRIVE.