FORGE HOUSE, MOUSE LANE, STEYNING, BN44 3LP - £380,000

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.

FORGE HOUSE is a small detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £523,694. It was last sold for £380,000 in August 2014, which was around 30% below the average August 2014 detached price in the Horsham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

FORGE HOUSE Sold Prices

Land registry data shows two sales for FORGE 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 FORGE 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
2014 13 AUG	£380,000	£544,535	30% below HPI
2012 3 APR	£300,000	£462,841	35% below HPI

FORGE 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 FORGE HOUSE sales from April 2012 and August 2014 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 April 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might FORGE HOUSE be worth now?

FORGE HOUSE might now be worth an estimated £523,694.

This is based on house price inflation of 37.8%, between August 2014 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 37.8% inflationary increase is applied to the most recent sale price for FORGE HOUSE of £380,000 on 13th August 2014. For the value to have increased from £380,000 to £523,694 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of FORGE HOUSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The August 2014 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE HOUSE has not materially changed since August 2014.

How Large is FORGE HOUSE?

FORGE HOUSE is 109m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses houses by size in Steyning, and where FORGE HOUSE lies on this distribution: 31% of detached houses houses are smaller than FORGE HOUSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Steyning.

FORGE HOUSE: Plot and Title Map

FORGE HOUSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of FORGE 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 FORGE 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 FORGE HOUSE?

FORGE HOUSE is located on MOUSE LANE in STEYNING, in the BN44 postcode district. The below map shows the position of FORGE HOUSE on MOUSE LANE.