31, PENLANDS VALE, STEYNING, BN44 3PL - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 PENLANDS VALE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £485,000 in April 2019, which was around 18% below the average April 2019 detached price in the Horsham local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

31 PENLANDS VALE Sold Prices

Land registry data shows three sales for 31 PENLANDS VALE since 1^st 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. All of the three 31 PENLANDS VALE 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
2019 30 APR	£485,000	£588,102	18% below HPI
2011 31 OCT	£372,000	£429,637	13% below HPI
2002 24 APR	£205,000	£281,917	27% below HPI

31 PENLANDS VALE 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 three 31 PENLANDS VALE sales between April 2002 and April 2019 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 October 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 31 PENLANDS VALE?

31 PENLANDS VALE is 58m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 31 PENLANDS VALE lies on this distribution: 2% of detached houses are smaller than 31 PENLANDS VALE, and 98% of houses are larger. Note that EPC data is not available for all properties in Steyning.

31 PENLANDS VALE: Plot and Title Map

31 PENLANDS VALE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 31 PENLANDS VALE, 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 PENLANDS VALE). 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 PENLANDS VALE?

31 PENLANDS VALE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 31 on PENLANDS VALE.