38, CEDAR DRIVE, SOUTHWATER, HORSHAM, RH13 9UW - £250,000

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

38 CEDAR DRIVE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £250,000 in January 2007, which was around 37% below the average January 2007 detached price in the Horsham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

38 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 38 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 38 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
2007 31 JAN	£250,000	£399,421	37% below HPI
2006 6 FEB	£228,000	£366,236	38% below HPI

38 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 38 CEDAR DRIVE sales from February 2006 and January 2007 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 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2007 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 38 CEDAR DRIVE?

38 CEDAR DRIVE is 70m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 38 CEDAR DRIVE lies on this distribution: 2% of detached houses are smaller than 38 CEDAR DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Southwater.

38 CEDAR DRIVE: Plot and Title Map

38 CEDAR DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 38 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 38 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 38 CEDAR DRIVE?

38 CEDAR DRIVE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 38 on CEDAR DRIVE.