SOUTHBANK, RECTORY LANE, PULBOROUGH, RH20 2AD - £510,000

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

SOUTHBANK is a large detached house of 142m², built sometime between 1983 and 1990. It was last sold for £510,000 in December 2019, which was around 17% below the average December 2019 detached price in the Horsham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

SOUTHBANK Sold Prices

Land registry data shows two sales for SOUTHBANK 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 SOUTHBANK 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
2019 11 DEC	£510,000	£614,334	17% below HPI
2004 4 MAY	£260,000	£347,471	25% below HPI

SOUTHBANK 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 SOUTHBANK sales from May 2004 and December 2019 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 May 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is SOUTHBANK?

SOUTHBANK is 142m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Pulborough, based on EPC data. The below chart shows the distribution of detached houses by size in Pulborough, and where SOUTHBANK lies on this distribution: 67% of detached houses are smaller than SOUTHBANK, and 32% of houses are larger. Note that EPC data is not available for all properties in Pulborough.

SOUTHBANK: Plot and Title Map

SOUTHBANK sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of SOUTHBANK, 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 SOUTHBANK). 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 SOUTHBANK?

SOUTHBANK is located on RECTORY LANE in PULBOROUGH, in the RH20 postcode district. The below map shows the position of SOUTHBANK on RECTORY LANE.