RIDGE MOUNT, HORSHAM ROAD, STEYNING, BN44 3LJ - £101,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RIDGE MOUNT is a very small extended detached house of 56m², built sometime before 1900. It was last sold for £101,000 in May 2002, which was around 64% below the average May 2002 detached price in the Horsham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was A.

RIDGE MOUNT Sold Prices

Land registry data shows two sales for RIDGE MOUNT 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 RIDGE MOUNT 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
2002 31 MAY	£101,000	£281,278	64% below HPI
1995 3 NOV	£85,000	£124,521	32% below HPI

RIDGE MOUNT 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 RIDGE MOUNT sales from November 1995 and May 2002 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 November 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2002 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is RIDGE MOUNT?

RIDGE MOUNT is 56m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where RIDGE MOUNT lies on this distribution: 1% of detached houses are smaller than RIDGE MOUNT, and 99% of houses are larger. Note that EPC data is not available for all properties in Steyning.

RIDGE MOUNT: Plot and Title Map

RIDGE MOUNT sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of RIDGE MOUNT, 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 RIDGE MOUNT). 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 RIDGE MOUNT?

RIDGE MOUNT is located on HORSHAM ROAD in STEYNING, in the BN44 postcode district. The below map shows the position of RIDGE MOUNT on HORSHAM ROAD.