8, GORSE BANK CLOSE, STORRINGTON, PULBOROUGH, RH20 3AQ - £725,000

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

8 GORSE BANK CLOSE is a midsized detached house of 128m², built sometime between 1983 and 1990. It was last sold for £725,000 in June 2021, which was around 19% above the average June 2021 detached price in the Horsham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

8 GORSE BANK CLOSE Sold Prices

Land registry data shows four sales for 8 GORSE BANK CLOSE since 1^st 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 8 GORSE BANK CLOSE sales were for above 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
2021 14 JUN	£725,000	£607,307	19% above HPI
2019 7 JUN	£518,000	£592,849	13% below HPI
2008 2 JAN	£610,000	£447,367	36% above HPI
1999 1 SEP	£240,000	£199,224	20% above HPI

8 GORSE BANK CLOSE 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 four 8 GORSE BANK CLOSE sales between September 1999 and June 2021 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 June 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 8 GORSE BANK CLOSE?

8 GORSE BANK CLOSE is 128m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where 8 GORSE BANK CLOSE lies on this distribution: 47% of detached houses are smaller than 8 GORSE BANK CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Storrington.

8 GORSE BANK CLOSE: Plot and Title Map

8 GORSE BANK CLOSE sits on a plot of roughly 0.555 of an acre, or 2,248m². The below map shows the location of 8 GORSE BANK 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 8 GORSE BANK 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.

Where is 8 GORSE BANK CLOSE?

8 GORSE BANK CLOSE is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 8 on GORSE BANK CLOSE.