SHEPPENS, NEWHAM LANE, STEYNING, BN44 3LR - £498,000

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

SHEPPENS is a large detached house of 153m², built sometime between 1976 and 1982. It was last sold for £498,000 in April 2014, which was around 3% above the average April 2014 detached price in the Horsham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

SHEPPENS Sold Prices

Land registry data shows four sales for SHEPPENS 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. two of the four SHEPPENS sales were for above the average price, and four 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
2014 23 APR	£498,000	£482,630	3% above HPI
2010 3 AUG	£445,000	£433,747	3% above HPI
2005 19 AUG	£300,000	£356,522	16% below HPI
2000 26 MAY	£210,000	£233,729	10% below HPI

SHEPPENS 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 SHEPPENS sales between May 2000 and April 2014 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 August 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2014 sale, which was also at 3% above the HPI.

How Large is SHEPPENS?

SHEPPENS is 153m² according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses in Steyning, based on EPC data. The below chart shows the distribution of detached houses by size in Steyning, and where SHEPPENS lies on this distribution: 74% of detached houses are smaller than SHEPPENS, and 26% of houses are larger. Note that EPC data is not available for all properties in Steyning.

SHEPPENS: Plot and Title Map

SHEPPENS sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of SHEPPENS, 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 SHEPPENS). 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 SHEPPENS?

SHEPPENS is located on NEWHAM LANE in STEYNING, in the BN44 postcode district. The below map shows the position of SHEPPENS on NEWHAM LANE.