HALF AN OAK, CRIPPLEGATE LANE, SOUTHWATER, HORSHAM, RH13 9HR - £495,000

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

HALF AN OAK is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £495,000 in September 2021, which was around 22% below the average September 2021 detached price in the Horsham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

HALF AN OAK Sold Prices

Land registry data shows two sales for HALF AN OAK 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 HALF AN OAK 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
2021 29 SEP	£495,000	£631,737	22% below HPI
2003 18 AUG	£295,000	£340,243	13% below HPI

HALF AN OAK 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 HALF AN OAK sales from August 2003 and September 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 August 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is HALF AN OAK?

HALF AN OAK is 100m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where HALF AN OAK lies on this distribution: 27% of detached houses are smaller than HALF AN OAK, and 72% of houses are larger. Note that EPC data is not available for all properties in Southwater.

HALF AN OAK: Plot and Title Map

HALF AN OAK sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of HALF AN OAK, 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 HALF AN OAK). 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 HALF AN OAK?

HALF AN OAK is located on CRIPPLEGATE LANE in SOUTHWATER, in the RH13 postcode district. The below map shows the position of HALF AN OAK on CRIPPLEGATE LANE.