Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 PORCHESTER CLOSE is a large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £647,500 in January 2024, which was around 2% below the average January 2024 detached price in the Horsham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 7 PORCHESTER CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Most of the four 7 PORCHESTER CLOSE 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 |
---|---|---|---|
2024 19 JAN | £647,500 | £660,299 | 2% below HPI |
2006 18 AUG | £376,000 | £383,814 | 2% below HPI |
2005 29 MAR | £350,000 | £352,304 | 1% below HPI |
1999 29 APR | £195,000 | £173,892 | 12% above HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The four 7 PORCHESTER CLOSE sales between April 1999 and January 2024 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 August 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2024 sale, which was also at 2% below the HPI.
7 PORCHESTER CLOSE is 149m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 7 PORCHESTER CLOSE lies on this distribution: 76% of detached houses are smaller than 7 PORCHESTER CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Southwater.
7 PORCHESTER CLOSE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 7 PORCHESTER CLOSE, 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 7 PORCHESTER CLOSE). 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.
7 PORCHESTER CLOSE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 7 on PORCHESTER CLOSE.