BUDDIES, THE DRIFTWAY, UPPER BEEDING, STEYNING, BN44 3JX - £495,000

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

BUDDIES is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £550,165. It was last sold for £495,000 in November 2019, which was around 25% below the average November 2019 detached price in the Horsham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

BUDDIES Sold Prices

Land registry data shows three sales for BUDDIES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three BUDDIES 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
2019 22 NOV	£495,000	£660,713	25% below HPI
2007 2 MAR	£318,500	£435,973	27% below HPI
2001 6 JUN	£195,000	£267,687	27% below HPI

BUDDIES 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 three BUDDIES sales between June 2001 and November 2019 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might BUDDIES be worth now?

BUDDIES might now be worth an estimated £550,165.

This is based on house price inflation of 11.1%, between November 2019 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 11.1% inflationary increase is applied to the most recent sale price for BUDDIES of £495,000 on 22nd November 2019. For the value to have increased from £495,000 to £550,165 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of BUDDIES has moved in line with the HPI for detached houses in the Horsham local authority area.
• The November 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of BUDDIES has not materially changed since November 2019.

How Large is BUDDIES?

BUDDIES is 113m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses houses in Upper Beeding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Beeding, and where BUDDIES lies on this distribution: 51% of detached houses houses are smaller than BUDDIES, and 48% of houses are larger. Note that EPC data is not available for all properties in Upper Beeding.

BUDDIES: Plot and Title Map

BUDDIES sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of BUDDIES, 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 BUDDIES). 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 BUDDIES?

BUDDIES is located on THE DRIFTWAY in UPPER BEEDING, in the BN44 postcode district. The below map shows the position of BUDDIES on THE DRIFTWAY.