FAIRVIEW, CHANCTONBURY CLOSE, WASHINGTON, PULBOROUGH, RH20 4AR - £550,000

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.

FAIRVIEW is a very large detached house of 209m², built sometime between 1950 and 1966, which could now be worth an estimated £631,484. It was last sold for £550,000 in February 2021, which was around 16% below the average February 2021 detached price in the Horsham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW 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. One of the two FAIRVIEW sales was for below the average price, whilst the other was 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
2021 24 FEB	£550,000	£653,612	16% below HPI
1999 8 SEP	£244,000	£215,790	13% above HPI

FAIRVIEW 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 FAIRVIEW sales from September 1999 and February 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 September 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might FAIRVIEW be worth now?

FAIRVIEW might now be worth an estimated £631,484.

This is based on house price inflation of 14.8%, between February 2021 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 14.8% inflationary increase is applied to the most recent sale price for FAIRVIEW of £550,000 on 24th February 2021. For the value to have increased from £550,000 to £631,484 over the four years to February 2025, the following assumptions must hold true:

• The value of FAIRVIEW has moved in line with the HPI for detached houses in the Horsham local authority area.
• The February 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW has not materially changed since February 2021.

How Large is FAIRVIEW?

FAIRVIEW is 209m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses houses in Washington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washington, and where FAIRVIEW lies on this distribution: More than 99% of detached houses houses are smaller than FAIRVIEW, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Washington.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on CHANCTONBURY CLOSE in WASHINGTON, in the RH20 postcode district. The below map shows the position of FAIRVIEW on CHANCTONBURY CLOSE.