LOWOOD, KNOB HILL, WARNHAM, HORSHAM, RH12 3SN - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LOWOOD is a very small detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £654,780. It was last sold for £500,000 in February 2015, which was around 11% below the average February 2015 detached price in the Horsham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

LOWOOD Sold Prices

Land registry data shows two sales for LOWOOD 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 LOWOOD 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
2015 12 FEB	£500,000	£560,758	11% below HPI
2004 15 JUL	£365,000	£386,866	6% below HPI

LOWOOD 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 LOWOOD sales from July 2004 and February 2015 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 July 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might LOWOOD be worth now?

LOWOOD might now be worth an estimated £654,780.

This is based on house price inflation of 31%, between February 2015 and December 2024, 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 31% inflationary increase is applied to the most recent sale price for LOWOOD of £500,000 on 12th February 2015. For the value to have increased from £500,000 to £654,780 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of LOWOOD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The February 2015 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of LOWOOD has not materially changed since February 2015.

How Large is LOWOOD?

LOWOOD is 114m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses houses in Warnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warnham, and where LOWOOD lies on this distribution: 20% of detached houses houses are smaller than LOWOOD, and 80% of houses are larger. Note that EPC data is not available for all properties in Warnham.

LOWOOD: Plot and Title Map

LOWOOD sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of LOWOOD, 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 LOWOOD). 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 LOWOOD?

LOWOOD is located on KNOB HILL in WARNHAM, in the RH12 postcode district. The below map shows the position of LOWOOD on KNOB HILL.