56, CEDAR DRIVE, SOUTHWATER, HORSHAM, RH13 9UW - £489,950

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

56 CEDAR DRIVE is a small detached house of 110m², built sometime between 1983 and 1990. It was last sold for £489,950 in December 2015, which was around 11% below the average December 2015 detached price in the Horsham local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

56 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 56 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three 56 CEDAR DRIVE 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
2015 4 DEC	£489,950	£550,691	11% below HPI
2006 19 MAY	£322,500	£370,452	13% below HPI
1999 25 MAR	£147,500	£173,316	15% below HPI

56 CEDAR DRIVE 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 three 56 CEDAR DRIVE sales between March 1999 and December 2015 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 56 CEDAR DRIVE?

56 CEDAR DRIVE is 110m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 56 CEDAR DRIVE lies on this distribution: 37% of detached houses are smaller than 56 CEDAR DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Southwater.

56 CEDAR DRIVE: Plot and Title Map

56 CEDAR DRIVE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 56 CEDAR DRIVE, 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 56 CEDAR DRIVE). 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 56 CEDAR DRIVE?

56 CEDAR DRIVE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 56 on CEDAR DRIVE.