28, LUXFORD WAY, BILLINGSHURST, RH14 9PA - £567,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 LUXFORD WAY is a large detached house of 157m², built sometime between 1996 and 2002, which could now be worth an estimated £664,433. It was last sold for £567,500 in May 2020, which was around 11% below the average May 2020 detached price in the Horsham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

28 LUXFORD WAY Sold Prices

Land registry data shows three sales for 28 LUXFORD WAY 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 28 LUXFORD WAY 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
2020 22 MAY	£567,500	£640,965	11% below HPI
2013 31 OCT	£450,000	£514,083	12% below HPI
2002 6 DEC	£299,950	£357,703	16% below HPI

28 LUXFORD WAY 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 28 LUXFORD WAY sales between December 2002 and May 2020 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 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 28 LUXFORD WAY be worth now?

28 LUXFORD WAY might now be worth an estimated £664,433.

This is based on house price inflation of 17.1%, between May 2020 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 28 LUXFORD WAY of £567,500 on 22nd May 2020. For the value to have increased from £567,500 to £664,433 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 28 LUXFORD WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The May 2020 sale price of £567,500 represented a fair market value for the property.
• The size, condition, and specification of 28 LUXFORD WAY has not materially changed since May 2020.

How Large is 28 LUXFORD WAY?

28 LUXFORD WAY is 157m² according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingshurst, and where 28 LUXFORD WAY lies on this distribution: 75% of detached houses houses are smaller than 28 LUXFORD WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

28 LUXFORD WAY: Plot and Title Map

28 LUXFORD WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 28 LUXFORD WAY, 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 28 LUXFORD WAY). 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 28 LUXFORD WAY?

28 LUXFORD WAY is located in BILLINGSHURST, in the RH14 postcode district. The below map shows the position of No. 28 on LUXFORD WAY.