CHERRY TREES, WORTHING ROAD, HORSHAM, RH13 9AT - £499,995

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 TREES is a very large extended detached house of 189m², built sometime between 1983 and 1990. It was last sold for £499,995 in October 2004, which was around 34% above the average October 2004 detached price in the Horsham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

CHERRY TREES Sold Prices

Land registry data shows four sales for CHERRY TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four CHERRY TREES 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
2004 22 OCT	£499,995	£372,523	34% above HPI
1999 31 MAR	£235,000	£173,316	36% above HPI
1997 7 FEB	£190,000	£134,247	42% above HPI
1996 6 SEP	£170,000	£132,107	29% above HPI

CHERRY TREES 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 four CHERRY TREES sales between September 1996 and October 2004 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 1999 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2004 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 189m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where CHERRY TREES lies on this distribution: 92% of detached houses are smaller than CHERRY TREES, and 8% of houses are larger. Note that EPC data is not available for all properties in Southwater.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of CHERRY TREES, 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 TREES). 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 TREES?

CHERRY TREES is located on WORTHING ROAD in HORSHAM, in the RH13 postcode district. The below map shows the position of CHERRY TREES on WORTHING ROAD.