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 RIDINGS is a very large extended detached house of 205m², built sometime between 1967 and 1975. It was last sold for £777,200 in July 2018, which was around 30% above the average July 2018 detached price in the Horsham local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 THE RIDINGS 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 3 THE RIDINGS 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 |
---|---|---|---|
2018 25 JUL | £777,200 | £598,503 | 30% above HPI |
2009 26 AUG | £575,000 | £387,915 | 48% 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 3 THE RIDINGS sales from August 2009 and July 2018 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 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2018 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
3 THE RIDINGS is 205m², which includes three extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where 3 THE RIDINGS lies on this distribution: 91% of detached houses are smaller than 3 THE RIDINGS, and 9% of houses are larger. Note that EPC data is not available for all properties in Steyning.
3 THE RIDINGS sits on a plot of roughly 0.163 of an acre, or 662m². The below map shows the location of 3 THE RIDINGS, 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 RIDINGS). 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.
3 THE RIDINGS is located in BRAMBER, in the BN44 postcode district. The below map shows the position of No. 3 on THE RIDINGS.