9, WATERMEADOW LANE, STORRINGTON, PULBOROUGH, RH20 3GU - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 WATERMEADOW LANE is a small detached house of 102m². It was last sold for £470,000 in February 2022, which was around 29% below the average February 2022 detached price in the Horsham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

9 WATERMEADOW LANE Sold Prices

Land registry data shows two sales for 9 WATERMEADOW LANE 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 WATERMEADOW LANE 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
2022 18 FEB	£470,000	£661,135	29% below HPI
2016 28 OCT	£439,950	£585,412	25% below HPI

9 WATERMEADOW LANE 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 WATERMEADOW LANE sales from October 2016 and February 2022 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 October 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 9 WATERMEADOW LANE?

9 WATERMEADOW LANE is 102m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where 9 WATERMEADOW LANE lies on this distribution: 22% of detached houses are smaller than 9 WATERMEADOW LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Storrington.

9 WATERMEADOW LANE: Plot and Title Map

9 WATERMEADOW LANE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 9 WATERMEADOW LANE, 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 WATERMEADOW LANE). 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 WATERMEADOW LANE?

9 WATERMEADOW LANE is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 9 on WATERMEADOW LANE.