GRANDBANKS, KERVES LANE, HORSHAM, RH13 6ES - £535,000

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

GRANDBANKS is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £535,000 in October 2014, which was around 6% above the average October 2014 detached price in the Horsham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

GRANDBANKS Sold Prices

Land registry data shows three sales for GRANDBANKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. One of the three GRANDBANKS sales was for above the average price, whilst two 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 OCT	£535,000	£504,388	6% above HPI
2007 15 AUG	£410,000	£425,806	4% below HPI
2003 28 OCT	£290,000	£342,901	15% below HPI

GRANDBANKS 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 three GRANDBANKS sales between October 2003 and October 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 August 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2014 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is GRANDBANKS?

GRANDBANKS is 97m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where GRANDBANKS lies on this distribution: 24% of detached houses are smaller than GRANDBANKS, and 75% of houses are larger. Note that EPC data is not available for all properties in Horsham.

GRANDBANKS: Plot and Title Map

GRANDBANKS sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of GRANDBANKS, 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 GRANDBANKS). 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 GRANDBANKS?

GRANDBANKS is located on KERVES LANE in HORSHAM, in the RH13 postcode district. The below map shows the position of GRANDBANKS on KERVES LANE.