OAK TREE COTTAGE, PARBROOK, BILLINGSHURST, RH14 9ET - £665,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAK TREE COTTAGE is a large extended detached house of 163m², built sometime between 1991 and 1995, which could now be worth an estimated £770,298. It was last sold for £665,000 in July 2020, which was around 3% above the average July 2020 detached price in the Horsham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

OAK TREE COTTAGE Sold Prices

Land registry data shows three sales for OAK TREE 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. One of the three OAK TREE COTTAGE 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
2020 22 JUL	£665,000	£647,862	3% above HPI
2017 18 JUL	£597,500	£647,783	8% below HPI
2014 19 MAY	£500,000	£525,031	5% below HPI

OAK TREE 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 TREE COTTAGE sales between May 2014 and July 2020 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 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might OAK TREE COTTAGE be worth now?

OAK TREE COTTAGE might now be worth an estimated £770,298.

This is based on house price inflation of 15.8%, between July 2020 and February 2025, 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 15.8% inflationary increase is applied to the most recent sale price for OAK TREE COTTAGE of £665,000 on 22nd July 2020. For the value to have increased from £665,000 to £770,298 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of OAK TREE COTTAGE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The July 2020 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE COTTAGE has not materially changed since July 2020.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 163m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingshurst, and where OAK TREE COTTAGE lies on this distribution: 79% of detached houses houses are smaller than OAK TREE COTTAGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of OAK TREE 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 TREE 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 TREE COTTAGE?

OAK TREE COTTAGE is located in PARBROOK, in the RH14 postcode district. The below map shows the position of OAK TREE COTTAGE in PARBROOK.