OUTWOOD, VERAS WALK, STORRINGTON, PULBOROUGH, RH20 3JF - £1,230,000

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.

OUTWOOD is a very large extended detached house of 322m², built sometime between 1976 and 1982, which could now be worth an estimated £1,281,907. It was last sold for £1,230,000 in March 2022, which was around 71% above the average March 2022 detached price in the Horsham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

OUTWOOD Sold Prices

Land registry data shows two sales for OUTWOOD 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 OUTWOOD 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
2022 29 MAR	£1,230,000	£720,059	71% above HPI
2007 14 SEP	£520,000	£475,262	9% above HPI

OUTWOOD 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 OUTWOOD sales from September 2007 and March 2022 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 September 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2022 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might OUTWOOD be worth now?

OUTWOOD might now be worth an estimated £1,281,907.

This is based on house price inflation of 4.2%, between March 2022 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 4.2% inflationary increase is applied to the most recent sale price for OUTWOOD of £1,230,000 on 29th March 2022. For the value to have increased from £1,230,000 to £1,281,907 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of OUTWOOD has moved in line with the HPI for detached houses in the Horsham local authority area.
• The March 2022 sale price of £1,230,000 represented a fair market value for the property.
• The size, condition, and specification of OUTWOOD has not materially changed since March 2022.

How Large is OUTWOOD?

OUTWOOD is 322m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Storrington, and where OUTWOOD lies on this distribution: 99% of detached houses houses are smaller than OUTWOOD, and 1% of houses are larger. Note that EPC data is not available for all properties in Storrington.

OUTWOOD: Plot and Title Map

OUTWOOD sits on a plot of roughly 0.504 of an acre, or 2,038m². The below map shows the location of OUTWOOD, 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 OUTWOOD). 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 OUTWOOD?

OUTWOOD is located on VERAS WALK in STORRINGTON, in the RH20 postcode district. The below map shows the position of OUTWOOD on VERAS WALK.