31, UNDERMILL ROAD, UPPER BEEDING, STEYNING, BN44 3JG - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 UNDERMILL ROAD is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £335,708. It was last sold for £290,000 in July 2018, which was around 55% below the average July 2018 detached price in the Horsham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

31 UNDERMILL ROAD Sold Prices

Land registry data shows two sales for 31 UNDERMILL ROAD 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 UNDERMILL ROAD 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
2018 4 JUL	£290,000	£648,269	55% below HPI
2003 27 MAY	£189,950	£365,187	48% below HPI

31 UNDERMILL ROAD 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 UNDERMILL ROAD sales from May 2003 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 May 2003 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2018 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 31 UNDERMILL ROAD be worth now?

31 UNDERMILL ROAD might now be worth an estimated £335,708.

This is based on house price inflation of 15.8%, between July 2018 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 31 UNDERMILL ROAD of £290,000 on 4th July 2018. For the value to have increased from £290,000 to £335,708 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 31 UNDERMILL ROAD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The July 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 31 UNDERMILL ROAD has not materially changed since July 2018.

How Large is 31 UNDERMILL ROAD?

31 UNDERMILL ROAD is 78m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses houses in Upper Beeding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Beeding, and where 31 UNDERMILL ROAD lies on this distribution: 17% of detached houses houses are smaller than 31 UNDERMILL ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Upper Beeding.

31 UNDERMILL ROAD: Plot and Title Map

31 UNDERMILL ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 31 UNDERMILL ROAD, 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 UNDERMILL ROAD). 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 UNDERMILL ROAD?

31 UNDERMILL ROAD is located in UPPER BEEDING, in the BN44 postcode district. The below map shows the position of No. 31 on UNDERMILL ROAD.