31, CEDAR DRIVE, SOUTHWATER, HORSHAM, RH13 9UF - £518,500

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

31 CEDAR DRIVE is a large detached house of 136m², built sometime between 1991 and 1995. It was last sold for £518,500 in May 2020, which was around 12% below the average May 2020 detached price in the Horsham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

31 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 31 CEDAR DRIVE 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 31 CEDAR DRIVE 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
2020 18 MAY	£518,500	£591,759	12% below HPI
2008 1 AUG	£380,500	£431,478	12% below HPI

31 CEDAR DRIVE 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 31 CEDAR DRIVE sales from August 2008 and May 2020 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 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2020 sale, which was also at 12% below the HPI.

How Large is 31 CEDAR DRIVE?

31 CEDAR DRIVE is 136m² according to the EPC inspection conducted in June 2018. 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 31 CEDAR DRIVE lies on this distribution: 67% of detached houses are smaller than 31 CEDAR DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Southwater.

31 CEDAR DRIVE: Plot and Title Map

31 CEDAR DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 31 CEDAR DRIVE, 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 31 CEDAR DRIVE). 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 31 CEDAR DRIVE?

31 CEDAR DRIVE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 31 on CEDAR DRIVE.