58, PENLANDS VALE, STEYNING, BN44 3PL - £65,000

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

58 PENLANDS VALE is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £65,000 in October 2002, which was around 80% below the average October 2002 detached price in the Horsham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

58 PENLANDS VALE Sold Prices

Land registry data shows two sales for 58 PENLANDS VALE 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 58 PENLANDS VALE 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
2002 25 OCT	£65,000	£322,217	80% below HPI
1997 24 JUL	£99,000	£150,540	34% below HPI

58 PENLANDS VALE 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 58 PENLANDS VALE sales from July 1997 and October 2002 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 July 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2002 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.

How Large is 58 PENLANDS VALE?

58 PENLANDS VALE is 118m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where 58 PENLANDS VALE lies on this distribution: 44% of detached houses are smaller than 58 PENLANDS VALE, and 54% of houses are larger. Note that EPC data is not available for all properties in Steyning.

58 PENLANDS VALE: Plot and Title Map

58 PENLANDS VALE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 58 PENLANDS VALE, 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 58 PENLANDS VALE). 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 58 PENLANDS VALE?

58 PENLANDS VALE is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 58 on PENLANDS VALE.