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
38 MASONS WAY is a large extended detached house of 185m², built sometime between 1996 and 2002. It was last sold for £577,500 in September 2013, which was around 25% above the average September 2013 detached price in the Horsham local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 38 MASONS WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four 38 MASONS WAY sales were for above 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 |
---|---|---|---|
2013 12 SEP | £577,500 | £462,675 | 25% above HPI |
2006 28 JUL | £500,000 | £376,554 | 33% above HPI |
2000 24 NOV | £320,000 | £250,059 | 28% above HPI |
1997 26 SEP | £269,950 | £152,220 | 77% above HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The four 38 MASONS WAY sales between September 1997 and September 2013 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 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2013 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
38 MASONS WAY is 185m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the largest 40% of detached houses in Codmore Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Codmore Hill, and where 38 MASONS WAY lies on this distribution: 60% of detached houses are smaller than 38 MASONS WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Codmore Hill.
38 MASONS WAY sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of 38 MASONS WAY, 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 MASONS WAY). 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.
38 MASONS WAY is located in CODMORE HILL, in the RH20 postcode district. The below map shows the position of No. 38 on MASONS WAY.