STEWARDS COTTAGE, HOLLANDS WAY, WARNHAM, HORSHAM, RH12 3RH - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

STEWARDS COTTAGE is a very small detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £552,424. It was last sold for £425,000 in May 2015, which was around 25% below the average May 2015 detached price in the Horsham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

STEWARDS COTTAGE Sold Prices

Land registry data shows two sales for STEWARDS COTTAGE 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 STEWARDS COTTAGE 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
2015 1 MAY	£425,000	£564,959	25% below HPI
2011 3 JUN	£375,000	£456,768	18% below HPI

STEWARDS COTTAGE 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 STEWARDS COTTAGE sales from June 2011 and May 2015 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 June 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might STEWARDS COTTAGE be worth now?

STEWARDS COTTAGE might now be worth an estimated £552,424.

This is based on house price inflation of 30%, between May 2015 and December 2024, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for STEWARDS COTTAGE of £425,000 on 1st May 2015. For the value to have increased from £425,000 to £552,424 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of STEWARDS COTTAGE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The May 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of STEWARDS COTTAGE has not materially changed since May 2015.

How Large is STEWARDS COTTAGE?

STEWARDS COTTAGE is 101m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses houses in Warnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warnham, and where STEWARDS COTTAGE lies on this distribution: 12% of detached houses houses are smaller than STEWARDS COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Warnham.

STEWARDS COTTAGE: Plot and Title Map

STEWARDS COTTAGE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of STEWARDS COTTAGE, 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 STEWARDS COTTAGE). 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 STEWARDS COTTAGE?

STEWARDS COTTAGE is located on HOLLANDS WAY in WARNHAM, in the RH12 postcode district. The below map shows the position of STEWARDS COTTAGE on HOLLANDS WAY.