OLD WELL HOUSE, EASTEDS LANE, SOUTHWATER, HORSHAM, RH13 9DP - £419,950

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

OLD WELL HOUSE is a very large detached house of 204m², built sometime between 1996 and 2002, which could now be worth an estimated £830,310. It was last sold for £419,950 in October 2003, which was around 13% above the average October 2003 detached price in the Horsham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

OLD WELL HOUSE Sold Prices

Land registry data shows two sales for OLD WELL HOUSE 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 OLD WELL HOUSE 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
2003 17 OCT	£419,950	£371,414	13% above HPI
1997 19 MAY	£222,500	£155,807	43% above HPI

OLD WELL HOUSE 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 OLD WELL HOUSE sales from May 1997 and October 2003 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 May 1997 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2003 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might OLD WELL HOUSE be worth now?

OLD WELL HOUSE might now be worth an estimated £830,310.

This is based on house price inflation of 97.7%, between October 2003 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 97.7% inflationary increase is applied to the most recent sale price for OLD WELL HOUSE of £419,950 on 17th October 2003. For the value to have increased from £419,950 to £830,310 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of OLD WELL HOUSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2003 sale price of £419,950 represented a fair market value for the property.
• The size, condition, and specification of OLD WELL HOUSE has not materially changed since October 2003.

How Large is OLD WELL HOUSE?

OLD WELL HOUSE is 204m² according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwater, and where OLD WELL HOUSE lies on this distribution: 94% of detached houses houses are smaller than OLD WELL HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Southwater.

OLD WELL HOUSE: Plot and Title Map

OLD WELL HOUSE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of OLD WELL HOUSE, 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 OLD WELL HOUSE). 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 OLD WELL HOUSE?

OLD WELL HOUSE is located on EASTEDS LANE in SOUTHWATER, in the RH13 postcode district. The below map shows the position of OLD WELL HOUSE on EASTEDS LANE.