CHERRY DENE, THE STREET, SHOREHAM-BY-SEA, BN43 5NJ - £420,000

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

CHERRY DENE is a very small semi-detached house of 84m², built sometime between 1930 and 1949. It was last sold for £420,000 in August 2016, which was around 6% below the average August 2016 detached price in the Adur local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

CHERRY DENE Sold Prices

Land registry data shows three sales for CHERRY DENE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Adur local authority area for the corresponding sale date. All of the three CHERRY DENE 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
2016 15 AUG	£420,000	£448,812	6% below HPI
2005 4 NOV	£249,950	£267,977	7% below HPI
2003 4 JUL	£203,000	£245,152	17% below HPI

CHERRY DENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The three CHERRY DENE sales between July 2003 and August 2016 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 November 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is CHERRY DENE?

CHERRY DENE is 84m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Shoreham-by-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Shoreham-by-Sea, and where CHERRY DENE lies on this distribution: 17% of detached houses are smaller than CHERRY DENE, and 82% of houses are larger. Note that EPC data is not available for all properties in Shoreham-by-Sea.

CHERRY DENE: Plot and Title Map

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

CHERRY DENE is located on THE STREET in SHOREHAM-BY-SEA, in the BN43 postcode district. The below map shows the position of CHERRY DENE on THE STREET.