SOUTH WOOD, MELTON DRIVE, STORRINGTON, PULBOROUGH, RH20 4BL - £710,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SOUTH WOOD is a very large extended detached house of 225m², built sometime between 1930 and 1949. It was last sold for £710,000 in June 2017, which was around 17% above the average June 2017 detached price in the Horsham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

SOUTH WOOD Sold Prices

Land registry data shows two sales for SOUTH WOOD 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 SOUTH WOOD 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
2017 2 JUN	£710,000	£605,293	17% above HPI
1998 31 JUL	£250,000	£173,364	44% above HPI

SOUTH WOOD 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 SOUTH WOOD sales from July 1998 and June 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 July 1998 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2017 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is SOUTH WOOD?

SOUTH WOOD is 225m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where SOUTH WOOD lies on this distribution: 91% of detached houses are smaller than SOUTH WOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Storrington.

SOUTH WOOD: Plot and Title Map

SOUTH WOOD sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of SOUTH WOOD, 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 SOUTH WOOD). 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 SOUTH WOOD?

SOUTH WOOD is located on MELTON DRIVE in STORRINGTON, in the RH20 postcode district. The below map shows the position of SOUTH WOOD on MELTON DRIVE.