BANFIELD, VERAS WALK, STORRINGTON, PULBOROUGH, RH20 3JF - £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

BANFIELD is a midsized extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £470,000 in October 2014, which was around 7% below the average October 2014 detached price in the Horsham local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

BANFIELD Sold Prices

Land registry data shows two sales for BANFIELD 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 BANFIELD 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
2014 31 OCT	£470,000	£504,388	7% below HPI
2007 7 MAR	£350,000	£402,504	13% below HPI

BANFIELD 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 BANFIELD sales from March 2007 and October 2014 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 March 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is BANFIELD?

BANFIELD is 127m², which includes one extension, according to the EPC inspection conducted in December 2011. 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 BANFIELD lies on this distribution: 46% of detached houses are smaller than BANFIELD, and 54% of houses are larger. Note that EPC data is not available for all properties in Storrington.

BANFIELD: Plot and Title Map

BANFIELD sits on a plot of roughly 0.274 of an acre, or 1,108m². The below map shows the location of BANFIELD, 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 BANFIELD). 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 BANFIELD?

BANFIELD is located on VERAS WALK in STORRINGTON, in the RH20 postcode district. The below map shows the position of BANFIELD on VERAS WALK.