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 WOODLANDS LANE is a very large detached house of 193m², built sometime between 1950 and 1966. It was last sold for £740,000 in February 2016, which was around 31% above the average February 2016 detached price in the Horsham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 WOODLANDS LANE since 1st 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. Two of the three 3 WOODLANDS LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2016 1 FEB | £740,000 | £564,126 | 31% above HPI |
2002 19 JUL | £445,000 | £291,532 | 53% above HPI |
1999 10 DEC | £183,000 | £207,297 | 12% below HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The three 3 WOODLANDS LANE sales between December 1999 and February 2016 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 July 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.
3 WOODLANDS LANE is 193m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where 3 WOODLANDS LANE lies on this distribution: 83% of detached houses are smaller than 3 WOODLANDS LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Storrington.
3 WOODLANDS LANE sits on a plot of roughly 0.367 of an acre, or 1,487m². The below map shows the location of 3 WOODLANDS LANE, 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 WOODLANDS LANE). 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 WOODLANDS LANE is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 3 on WOODLANDS LANE.