OAK COTTAGE, KERVES LANE, HORSHAM, RH13 6EX - £690,000

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

OAK COTTAGE is a very large extended detached house of 210m², built sometime between 1900 and 1929. It was last sold for £690,000 in January 2015, which was around 35% above the average January 2015 detached price in the Horsham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows three sales for OAK COTTAGE 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. All of the three OAK COTTAGE sales were for above 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 JAN	£690,000	£509,673	35% above HPI
2006 27 OCT	£550,000	£391,485	40% above HPI
2000 5 MAY	£335,000	£233,729	43% above HPI

OAK COTTAGE 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 OAK COTTAGE sales between May 2000 and January 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 October 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 210m², which includes four extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where OAK COTTAGE lies on this distribution: 92% of detached houses are smaller than OAK COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Horsham.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of OAK COTTAGE, 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 OAK COTTAGE). 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 OAK COTTAGE?

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