5, CANONS WAY, STEYNING, BN44 3SS - £467,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CANONS WAY is a very small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £528,175. It was last sold for £467,000 in September 2019, which was around 28% below the average September 2019 detached price in the Horsham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

5 CANONS WAY Sold Prices

Land registry data shows two sales for 5 CANONS 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 5 CANONS 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
2019 11 SEP	£467,000	£649,292	28% below HPI
2011 4 MAY	£345,000	£472,836	27% below HPI

5 CANONS 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 5 CANONS WAY sales from May 2011 and September 2019 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 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 CANONS WAY be worth now?

5 CANONS WAY might now be worth an estimated £528,175.

This is based on house price inflation of 13.1%, between September 2019 and December 2024, 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 13.1% inflationary increase is applied to the most recent sale price for 5 CANONS WAY of £467,000 on 11th September 2019. For the value to have increased from £467,000 to £528,175 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 5 CANONS WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The September 2019 sale price of £467,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CANONS WAY has not materially changed since September 2019.

How Large is 5 CANONS WAY?

5 CANONS WAY is 92m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steyning, and where 5 CANONS WAY lies on this distribution: 16% of detached houses houses are smaller than 5 CANONS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Steyning.

5 CANONS WAY: Plot and Title Map

5 CANONS WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 5 CANONS 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 5 CANONS 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 5 CANONS WAY?

5 CANONS WAY is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 5 on CANONS WAY.