RIVERMEDE COTTAGE, BRIGHTON ROAD, SHERMANBURY, HORSHAM, RH13 8HE - £405,000

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

RIVERMEDE COTTAGE is a very small extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £405,000 in March 2006, which was around 10% above the average March 2006 detached price in the Horsham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

RIVERMEDE COTTAGE Sold Prices

Land registry data shows four sales for RIVERMEDE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four RIVERMEDE 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
2006 9 MAR	£405,000	£367,862	10% above HPI
2003 11 SEP	£380,000	£342,189	11% above HPI
1999 8 JAN	£215,000	£178,584	20% above HPI
1997 16 JAN	£164,950	£133,296	24% above HPI

RIVERMEDE 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 four RIVERMEDE COTTAGE sales between January 1997 and March 2006 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 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2006 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is RIVERMEDE COTTAGE?

RIVERMEDE COTTAGE is 112m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Shermanbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shermanbury, and where RIVERMEDE COTTAGE lies on this distribution: 20% of detached houses are smaller than RIVERMEDE COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Shermanbury.

RIVERMEDE COTTAGE: Plot and Title Map

RIVERMEDE COTTAGE sits on a plot of roughly 0.733 of an acre, or 2,965m². The below map shows the location of RIVERMEDE 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 RIVERMEDE 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 RIVERMEDE COTTAGE?

RIVERMEDE COTTAGE is located on BRIGHTON ROAD in SHERMANBURY, in the RH13 postcode district. The below map shows the position of RIVERMEDE COTTAGE on BRIGHTON ROAD.