25, PENLANDS RISE, STEYNING, BN44 3PJ - £417,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 PENLANDS RISE is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £417,500 in July 2011, which was around 2% below the average July 2011 detached price in the Horsham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

25 PENLANDS RISE Sold Prices

Land registry data shows two sales for 25 PENLANDS RISE 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 25 PENLANDS RISE 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
2011 22 JUL	£417,500	£424,115	2% below HPI
2002 3 OCT	£220,000	£322,217	32% below HPI

25 PENLANDS RISE 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 25 PENLANDS RISE sales from October 2002 and July 2011 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 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2011 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 25 PENLANDS RISE?

25 PENLANDS RISE is 123m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where 25 PENLANDS RISE lies on this distribution: 51% of detached houses are smaller than 25 PENLANDS RISE, and 49% of houses are larger. Note that EPC data is not available for all properties in Steyning.

25 PENLANDS RISE: Plot and Title Map

25 PENLANDS RISE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 25 PENLANDS RISE, 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 25 PENLANDS RISE). 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 25 PENLANDS RISE?

25 PENLANDS RISE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 25 on PENLANDS RISE.