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
76 CEDAR DRIVE is a very small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £463,000 in March 2016, which was around 18% below the average March 2016 detached price in the Horsham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 76 CEDAR DRIVE since 1st 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 76 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 |
---|---|---|---|
2016 30 MAR | £463,000 | £567,179 | 18% below HPI |
2011 1 APR | £370,000 | £433,762 | 15% below HPI |
1998 27 NOV | £134,000 | £181,993 | 26% below HPI |
The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The three 76 CEDAR DRIVE sales between November 1998 and March 2016 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 April 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
76 CEDAR DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where 76 CEDAR DRIVE lies on this distribution: 17% of detached houses are smaller than 76 CEDAR DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Southwater.
76 CEDAR DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 76 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 76 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.
76 CEDAR DRIVE is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 76 on CEDAR DRIVE.