8, CANONS WAY, STEYNING, BN44 3SS - £424,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CANONS WAY is a very small extended detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £524,372. It was last sold for £424,000 in November 2015, which was around 29% below the average November 2015 detached price in the Horsham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

8 CANONS WAY Sold Prices

Land registry data shows two sales for 8 CANONS WAY 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 8 CANONS WAY 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 19 NOV	£424,000	£593,782	29% below HPI
2007 30 NOV	£330,000	£491,728	33% below HPI

8 CANONS WAY 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 8 CANONS WAY sales from November 2007 and November 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 November 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 CANONS WAY be worth now?

8 CANONS WAY might now be worth an estimated £524,372.

This is based on house price inflation of 23.7%, between November 2015 and December 2024, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 8 CANONS WAY of £424,000 on 19th November 2015. For the value to have increased from £424,000 to £524,372 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 CANONS WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2015 sale price of £424,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CANONS WAY has not materially changed since November 2015.

How Large is 8 CANONS WAY?

8 CANONS WAY is 93m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steyning, and where 8 CANONS WAY lies on this distribution: 16% of detached houses houses are smaller than 8 CANONS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Steyning.

8 CANONS WAY: Plot and Title Map

8 CANONS WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 CANONS WAY, 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 8 CANONS WAY). 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 8 CANONS WAY?

8 CANONS WAY is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 8 on CANONS WAY.