9, NORMAN WAY, STEYNING, BN44 3SE - £197,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 NORMAN WAY is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £312,662. It was last sold for £197,000 in May 2011, which was around 58% below the average May 2011 detached price in the Horsham local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

9 NORMAN WAY Sold Prices

Land registry data shows two sales for 9 NORMAN 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 9 NORMAN 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
2011 17 MAY	£197,000	£472,836	58% below HPI
2004 15 JUN	£155,500	£380,633	59% below HPI

9 NORMAN 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 9 NORMAN WAY sales from June 2004 and May 2011 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 2004 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2011 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 9 NORMAN WAY be worth now?

9 NORMAN WAY might now be worth an estimated £312,662.

This is based on house price inflation of 58.7%, between May 2011 and February 2025, 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 58.7% inflationary increase is applied to the most recent sale price for 9 NORMAN WAY of £197,000 on 17th May 2011. For the value to have increased from £197,000 to £312,662 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 9 NORMAN WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The May 2011 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NORMAN WAY has not materially changed since May 2011.

How Large is 9 NORMAN WAY?

9 NORMAN WAY is 72m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% 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 9 NORMAN WAY lies on this distribution: 5% of detached houses houses are smaller than 9 NORMAN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Steyning.

9 NORMAN WAY: Plot and Title Map

9 NORMAN WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 9 NORMAN 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 9 NORMAN 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 9 NORMAN WAY?

9 NORMAN WAY is located in STEYNING, in the BN44 postcode district. The below map shows the position of No. 9 on NORMAN WAY.