29, PENFOLD WAY, STEYNING, BN44 3PG - £600,000

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.

29 PENFOLD WAY is a small detached house of 106m², built in 2022, which could now be worth an estimated £591,906. It was last sold for £600,000 in October 2022, which was around 21% below the average October 2022 detached price in the Horsham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was A.

29 PENFOLD WAY Sold Prices

Land registry data shows three sales for 29 PENFOLD 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 29 PENFOLD 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
2022 14 OCT	£600,000	£760,708	21% below HPI
2022 11 MAR	£215,000	£720,059	70% below HPI
2019 26 JUL	£215,000	£646,579	67% below HPI

29 PENFOLD 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 29 PENFOLD WAY sales between July 2019 and October 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 March 2022 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the October 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 29 PENFOLD WAY be worth now?

29 PENFOLD WAY might now be worth an estimated £591,906.

This is based on house price deflation of 1.3%, between October 2022 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 1.3% deflationary decrease is applied to the most recent sale price for 29 PENFOLD WAY of £600,000 on 14th October 2022. For the value to have decreased from £600,000 to £591,906 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 29 PENFOLD WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2022 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PENFOLD WAY has not materially changed since October 2022.

How Large is 29 PENFOLD WAY?

29 PENFOLD WAY is 106m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steyning, and where 29 PENFOLD WAY lies on this distribution: 27% of detached houses houses are smaller than 29 PENFOLD WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Steyning.

29 PENFOLD WAY: Plot and Title Map

29 PENFOLD WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 29 PENFOLD 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 29 PENFOLD 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 29 PENFOLD WAY?

29 PENFOLD WAY is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 29 on PENFOLD WAY.