DOWNSVIEW, SHIPLEY ROAD, SOUTHWATER, HORSHAM, RH13 9BG - £382,500

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.

DOWNSVIEW is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £452,099. It was last sold for £382,500 in May 2019, which was around 40% below the average May 2019 detached price in the Horsham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

DOWNSVIEW Sold Prices

Land registry data shows five sales for DOWNSVIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the five DOWNSVIEW 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 20 MAY	£382,500	£634,918	40% below HPI
2007 15 OCT	£285,000	£484,419	41% below HPI
2001 19 OCT	£205,000	£289,604	29% below HPI
1998 16 OCT	£128,000	£199,537	36% below HPI
1995 28 APR	£90,000	£143,699	37% below HPI

DOWNSVIEW 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 five DOWNSVIEW sales between April 1995 and May 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 October 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2019 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might DOWNSVIEW be worth now?

DOWNSVIEW might now be worth an estimated £452,099.

This is based on house price inflation of 18.2%, between May 2019 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 18.2% inflationary increase is applied to the most recent sale price for DOWNSVIEW of £382,500 on 20th May 2019. For the value to have increased from £382,500 to £452,099 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of DOWNSVIEW has moved in line with the HPI for detached houses in the Horsham local authority area.
• The May 2019 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of DOWNSVIEW has not materially changed since May 2019.

How Large is DOWNSVIEW?

DOWNSVIEW is 78m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwater, and where DOWNSVIEW lies on this distribution: 8% of detached houses houses are smaller than DOWNSVIEW, and 91% of houses are larger. Note that EPC data is not available for all properties in Southwater.

DOWNSVIEW: Plot and Title Map

DOWNSVIEW sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of DOWNSVIEW, 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 DOWNSVIEW). 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 DOWNSVIEW?

DOWNSVIEW is located on SHIPLEY ROAD in SOUTHWATER, in the RH13 postcode district. The below map shows the position of DOWNSVIEW on SHIPLEY ROAD.