SOUTHWATER LODGE, WORTHING ROAD, SOUTHWATER, HORSHAM, RH13 9EY - £600,000

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

SOUTHWATER LODGE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £600,000 in June 2024, which was around 13% below the average June 2024 detached price in the Horsham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

SOUTHWATER LODGE Sold Prices

Land registry data shows three sales for SOUTHWATER LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three SOUTHWATER LODGE 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
2024 24 JUN	£600,000	£686,441	13% below HPI
2021 12 MAR	£486,000	£597,251	19% below HPI
2012 24 FEB	£385,000	£424,375	9% below HPI

SOUTHWATER LODGE 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 three SOUTHWATER LODGE sales between February 2012 and June 2024 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 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is SOUTHWATER LODGE?

SOUTHWATER LODGE is 115m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses by size in Southwater, and where SOUTHWATER LODGE lies on this distribution: 45% of detached houses are smaller than SOUTHWATER LODGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Southwater.

SOUTHWATER LODGE: Plot and Title Map

SOUTHWATER LODGE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of SOUTHWATER LODGE, 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 SOUTHWATER LODGE). 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 SOUTHWATER LODGE?

SOUTHWATER LODGE is located on WORTHING ROAD in SOUTHWATER, in the RH13 postcode district. The below map shows the position of SOUTHWATER LODGE on WORTHING ROAD.