5, PENFOLD WAY, STEYNING, BN44 3PG - £392,500

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 PENFOLD WAY is a very small extended semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £454,976. It was last sold for £392,500 in August 2019, which was around 2% above the average August 2019 semi-detached price in the Horsham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

5 PENFOLD WAY Sold Prices

Land registry data shows two sales for 5 PENFOLD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Horsham local authority area for the corresponding sale date. Both of the two 5 PENFOLD 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
2019 13 AUG	£392,500	£384,365	2% above HPI
2003 19 DEC	£250,000	£213,526	17% above HPI

5 PENFOLD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Horsham local authority area over time, sourced from the HPI. The two 5 PENFOLD WAY sales from December 2003 and August 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 December 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 PENFOLD WAY be worth now?

5 PENFOLD WAY might now be worth an estimated £454,976.

This is based on house price inflation of 15.9%, between August 2019 and December 2024, for semi-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 15.9% inflationary increase is applied to the most recent sale price for 5 PENFOLD WAY of £392,500 on 13th August 2019. For the value to have increased from £392,500 to £454,976 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 PENFOLD WAY has moved in line with the HPI for semi-detached houses in the Horsham local authority area.
• The August 2019 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PENFOLD WAY has not materially changed since August 2019.

How Large is 5 PENFOLD WAY?

5 PENFOLD WAY is 78m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of semi-detached houses houses in Steyning, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Steyning, and where 5 PENFOLD WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 5 PENFOLD WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Steyning.

5 PENFOLD WAY: Plot and Title Map

5 PENFOLD WAY sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 5 PENFOLD 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 PENFOLD 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 PENFOLD WAY?

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