3, THE CEDARS, PARBROOK, BILLINGSHURST, RH14 9ES - £500,000

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

3 THE CEDARS is a very large detached house of 172m², built sometime between 1996 and 2002. It was last sold for £500,000 in October 2009, which was around 25% above the average October 2009 detached price in the Horsham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

3 THE CEDARS Sold Prices

Land registry data shows four sales for 3 THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 3 THE CEDARS 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
2009 5 OCT	£500,000	£400,524	25% above HPI
2002 23 AUG	£382,000	£302,114	26% above HPI
1998 18 AUG	£282,500	£180,175	57% above HPI
1997 1 SEP	£235,000	£152,220	54% above HPI

3 THE CEDARS 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 four 3 THE CEDARS sales between September 1997 and October 2009 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 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2009 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 THE CEDARS?

3 THE CEDARS is 172m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of detached houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses by size in Billingshurst, and where 3 THE CEDARS lies on this distribution: 83% of detached houses are smaller than 3 THE CEDARS, and 17% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

3 THE CEDARS: Plot and Title Map

3 THE CEDARS sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 3 THE CEDARS, 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 3 THE CEDARS). 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 3 THE CEDARS?

3 THE CEDARS is located in PARBROOK, in the RH14 postcode district. The below map shows the position of 3 THE CEDARS in PARBROOK.