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
25 WATERMEADOW LANE is a very large detached house of 198m². It was last sold for £850,000 in December 2022, which was around 22% above the average December 2022 detached price in the Horsham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 25 WATERMEADOW LANE since 1st 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 WATERMEADOW LANE 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 |
---|---|---|---|
2022 13 DEC | £850,000 | £694,603 | 22% above HPI |
2018 31 AUG | £749,950 | £602,713 | 24% above HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two 25 WATERMEADOW LANE sales from August 2018 and December 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 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.
25 WATERMEADOW LANE is 198m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where 25 WATERMEADOW LANE lies on this distribution: 84% of detached houses are smaller than 25 WATERMEADOW LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Storrington.
25 WATERMEADOW LANE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 25 WATERMEADOW 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 25 WATERMEADOW 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.
25 WATERMEADOW LANE is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 25 on WATERMEADOW LANE.