BURCHETTS, MILL ROAD, STEYNING, BN44 3LN - £692,500

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.

BURCHETTS is a large extended detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £801,648. It was last sold for £692,500 in July 2018, which was around 7% above the average July 2018 detached price in the Horsham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

BURCHETTS Sold Prices

Land registry data shows two sales for BURCHETTS 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 BURCHETTS 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
2018 13 JUL	£692,500	£648,269	7% above HPI
2007 2 APR	£475,000	£440,807	8% above HPI

BURCHETTS 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 BURCHETTS sales from April 2007 and July 2018 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 April 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might BURCHETTS be worth now?

BURCHETTS might now be worth an estimated £801,648.

This is based on house price inflation of 15.8%, between July 2018 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 15.8% inflationary increase is applied to the most recent sale price for BURCHETTS of £692,500 on 13th July 2018. For the value to have increased from £692,500 to £801,648 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of BURCHETTS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The July 2018 sale price of £692,500 represented a fair market value for the property.
• The size, condition, and specification of BURCHETTS has not materially changed since July 2018.

How Large is BURCHETTS?

BURCHETTS is 164m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% 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 BURCHETTS lies on this distribution: 79% of detached houses houses are smaller than BURCHETTS, and 21% of houses are larger. Note that EPC data is not available for all properties in Steyning.

BURCHETTS: Plot and Title Map

BURCHETTS sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of BURCHETTS, 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 BURCHETTS). 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 BURCHETTS?

BURCHETTS is located on MILL ROAD in STEYNING, in the BN44 postcode district. The below map shows the position of BURCHETTS on MILL ROAD.