COACH HOUSE, SHEEP PEN LANE, STEYNING, BN44 3GP - £395,000

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

COACH HOUSE is a very small detached house of 64m², built sometime before 1900. It was last sold for £395,000 in March 2021, which was around 34% below the average March 2021 detached price in the Horsham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

COACH HOUSE Sold Prices

Land registry data shows two sales for COACH HOUSE 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 COACH HOUSE 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
2021 19 MAR	£395,000	£597,251	34% below HPI
2018 24 AUG	£295,000	£602,713	51% below HPI

COACH HOUSE 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 COACH HOUSE sales from August 2018 and March 2021 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 August 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is COACH HOUSE?

COACH HOUSE is 64m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where COACH HOUSE lies on this distribution: 2% of detached houses are smaller than COACH HOUSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Steyning.

COACH HOUSE: Plot and Title Map

COACH HOUSE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of COACH HOUSE, 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 COACH HOUSE). 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 COACH HOUSE?

COACH HOUSE is located on SHEEP PEN LANE in STEYNING, in the BN44 postcode district. The below map shows the position of COACH HOUSE on SHEEP PEN LANE.