THE WELL HOUSE, TUDOR CLOSE, PULBOROUGH, RH20 2EF - £2,000,000

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

THE WELL HOUSE is a very small detached house of 126m², built sometime from 2012 onwards. It was last sold for £2,000,000 in May 2024, which was around 195% above the average May 2024 detached price in the Horsham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

THE WELL HOUSE Sold Prices

Land registry data shows four sales for THE WELL HOUSE 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. All of the four THE WELL HOUSE 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
2024 30 MAY	£2,000,000	£677,816	195% above HPI
2020 5 NOV	£1,300,000	£611,715	113% above HPI
2010 14 MAY	£1,225,000	£422,880	190% above HPI
1996 30 SEP	£295,000	£132,107	123% above HPI

THE WELL HOUSE 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 THE WELL HOUSE sales between September 1996 and May 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 November 2020 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the May 2024 sale, where it rises to 195% above the HPI. The line then continues to track at 195% above the HPI.

How Large is THE WELL HOUSE?

THE WELL HOUSE is 126m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of detached houses in Marehill, based on EPC data. The below chart shows the distribution of detached houses by size in Marehill, and where THE WELL HOUSE lies on this distribution: 15% of detached houses are smaller than THE WELL HOUSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Marehill.

THE WELL HOUSE: Plot and Title Map

THE WELL HOUSE sits on a plot of roughly 2.3 acres, or 9,268m². The below map shows the location of THE WELL HOUSE, 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 THE WELL HOUSE). 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 THE WELL HOUSE?

THE WELL HOUSE is located on TUDOR CLOSE in PULBOROUGH, in the RH20 postcode district. The below map shows the position of THE WELL HOUSE on TUDOR CLOSE.