3, WILD ORCHID WAY, SOUTHWATER, HORSHAM, RH13 9GA - £248,000

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 WILD ORCHID WAY is a midsized extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £248,000 in December 2002, which was around 25% below the average December 2002 detached price in the Horsham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 WILD ORCHID WAY Sold Prices

Land registry data shows two sales for 3 WILD ORCHID WAY 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 3 WILD ORCHID 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
2002 19 DEC	£248,000	£330,243	25% below HPI
1997 28 FEB	£108,950	£134,247	19% below HPI

3 WILD ORCHID 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 two 3 WILD ORCHID WAY sales from February 1997 and December 2002 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 February 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2002 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 WILD ORCHID WAY?

3 WILD ORCHID WAY is 129m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 3 WILD ORCHID WAY lies on this distribution: 59% of detached houses are smaller than 3 WILD ORCHID WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Southwater.

3 WILD ORCHID WAY: Plot and Title Map

3 WILD ORCHID WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 3 WILD ORCHID 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 3 WILD ORCHID 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 3 WILD ORCHID WAY?

3 WILD ORCHID WAY is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 3 on WILD ORCHID WAY.