SCHOOL HOUSE, SCHOOL LANE, WASHINGTON, PULBOROUGH, RH20 4AP - £425,000

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

SCHOOL HOUSE is a very small extended detached house of 73m², built sometime before 1900. It was last sold for £425,000 in September 2017, which was around 29% below the average September 2017 detached price in the Horsham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

SCHOOL HOUSE Sold Prices

Land registry data shows two sales for SCHOOL 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 SCHOOL HOUSE 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
2017 29 SEP	£425,000	£600,649	29% below HPI
1998 6 MAR	£112,000	£159,541	30% below HPI

SCHOOL 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 SCHOOL HOUSE sales from March 1998 and September 2017 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 March 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 73m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where SCHOOL HOUSE lies on this distribution: Less than 1% of detached houses are smaller than SCHOOL HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Washington.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on SCHOOL LANE in WASHINGTON, in the RH20 postcode district. The below map shows the position of SCHOOL HOUSE on SCHOOL LANE.