4, RHODES WAY, BILLINGSHURST, RH14 9ZN - £423,000

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

4 RHODES WAY is a very small detached house of 88m². It was last sold for £423,000 in July 2022, which was around 39% below the average July 2022 detached price in the Horsham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

4 RHODES WAY Sold Prices

Land registry data shows two sales for 4 RHODES WAY 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 4 RHODES WAY 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
2022 21 JUL	£423,000	£694,191	39% below HPI
2018 15 JUN	£369,950	£593,960	38% below HPI

4 RHODES WAY 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 4 RHODES WAY sales from June 2018 and July 2022 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 June 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 4 RHODES WAY?

4 RHODES WAY is 88m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses by size in Billingshurst, and where 4 RHODES WAY lies on this distribution: 8% of detached houses are smaller than 4 RHODES WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

4 RHODES WAY: Plot and Title Map

4 RHODES WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 4 RHODES 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 4 RHODES 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.

Where is 4 RHODES WAY?

4 RHODES WAY is located in BILLINGSHURST, in the RH14 postcode district. The below map shows the position of No. 4 on RHODES WAY.