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
51 POUND LANE is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £260,000 in January 2021, which was around 57% below the average January 2021 detached price in the Horsham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 51 POUND LANE since 1st 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 51 POUND LANE 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 |
---|---|---|---|
2021 29 JAN | £260,000 | £607,793 | 57% below HPI |
2006 1 DEC | £158,000 | £392,934 | 60% below HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two 51 POUND LANE sales from December 2006 and January 2021 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 2006 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the January 2021 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.
51 POUND LANE is 75m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Upper Beeding, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Beeding, and where 51 POUND LANE lies on this distribution: 15% of detached houses are smaller than 51 POUND LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Upper Beeding.
51 POUND LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 51 POUND 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 51 POUND 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.
51 POUND LANE is located in UPPER BEEDING, in the BN44 postcode district. The below map shows the position of No. 51 on POUND LANE.