GREAT GABLES, NEWHAM LANE, STEYNING, BN44 3LR - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREAT GABLES is a large extended detached house of 135m², built sometime between 2003 and 2006. It was last sold for £235,000 in May 2004, which was around 32% below the average May 2004 detached price in the Horsham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

GREAT GABLES Sold Prices

Land registry data shows two sales for GREAT GABLES 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 GREAT GABLES 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
2004 17 MAY	£235,000	£347,471	32% below HPI
2003 17 JUN	£166,250	£336,801	51% below HPI

GREAT GABLES 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 GREAT GABLES sales from June 2003 and May 2004 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 June 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the May 2004 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is GREAT GABLES?

GREAT GABLES is 135m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where GREAT GABLES lies on this distribution: 61% of detached houses are smaller than GREAT GABLES, and 38% of houses are larger. Note that EPC data is not available for all properties in Steyning.

GREAT GABLES: Plot and Title Map

GREAT GABLES sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of GREAT GABLES, 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 GREAT GABLES). 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 GREAT GABLES?

GREAT GABLES is located on NEWHAM LANE in STEYNING, in the BN44 postcode district. The below map shows the position of GREAT GABLES on NEWHAM LANE.