27, WATERMEADOW LANE, STORRINGTON, PULBOROUGH, RH20 3GU - £470,000

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

27 WATERMEADOW LANE is a very small detached house of 95m². It was last sold for £470,000 in January 2024, which was around 29% below the average January 2024 detached price in the Horsham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

27 WATERMEADOW LANE Sold Prices

Land registry data shows two sales for 27 WATERMEADOW LANE 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 27 WATERMEADOW 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
2024 25 JAN	£470,000	£658,334	29% below HPI
2017 20 DEC	£424,950	£612,185	31% below HPI

27 WATERMEADOW 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 two 27 WATERMEADOW LANE sales from December 2017 and January 2024 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 WATERMEADOW LANE?

27 WATERMEADOW LANE is 95m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 27 WATERMEADOW LANE lies on this distribution: 16% of detached houses are smaller than 27 WATERMEADOW LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Storrington.

27 WATERMEADOW LANE: Plot and Title Map

27 WATERMEADOW LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 27 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 27 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.

Where is 27 WATERMEADOW LANE?

27 WATERMEADOW LANE is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 27 on WATERMEADOW LANE.