FAIRLAWNS, SHIPLEY ROAD, SOUTHWATER, HORSHAM, RH13 9BG - £740,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRLAWNS is a very large extended detached house of 208m², built sometime between 1950 and 1966. It was last sold for £740,000 in March 2017, which was around 26% above the average March 2017 detached price in the Horsham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

FAIRLAWNS Sold Prices

Land registry data shows four sales for FAIRLAWNS 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. two of the four FAIRLAWNS sales were for above the average price, and four 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
2017 14 MAR	£740,000	£588,340	26% above HPI
2012 14 SEP	£387,000	£446,164	13% below HPI
2007 18 DEC	£470,000	£451,645	4% above HPI
2002 25 JUL	£275,000	£291,532	6% below HPI

FAIRLAWNS 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 FAIRLAWNS sales between July 2002 and March 2017 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 September 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is FAIRLAWNS?

FAIRLAWNS is 208m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 FAIRLAWNS lies on this distribution: 95% of detached houses are smaller than FAIRLAWNS, and 5% of houses are larger. Note that EPC data is not available for all properties in Southwater.

FAIRLAWNS: Plot and Title Map

FAIRLAWNS sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of FAIRLAWNS, 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 FAIRLAWNS). 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 FAIRLAWNS?

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