41, WATERMEADOW LANE, STORRINGTON, PULBOROUGH, RH20 3GU - £695,000

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

41 WATERMEADOW LANE is a large detached house of 161m². It was last sold for £695,000 in May 2023, which was around 2% above the average May 2023 detached price in the Horsham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

41 WATERMEADOW LANE Sold Prices

Land registry data shows two sales for 41 WATERMEADOW LANE 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 41 WATERMEADOW LANE 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
2023 15 MAY	£695,000	£682,300	2% above HPI
2018 10 AUG	£627,453	£602,713	4% above HPI

41 WATERMEADOW LANE 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 41 WATERMEADOW LANE sales from August 2018 and May 2023 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 August 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 41 WATERMEADOW LANE?

41 WATERMEADOW LANE is 161m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where 41 WATERMEADOW LANE lies on this distribution: 69% of detached houses are smaller than 41 WATERMEADOW LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Storrington.

41 WATERMEADOW LANE: Plot and Title Map

41 WATERMEADOW LANE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 41 WATERMEADOW LANE, 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 41 WATERMEADOW LANE). 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 41 WATERMEADOW LANE?

41 WATERMEADOW LANE is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 41 on WATERMEADOW LANE.