THREE CORNERS, MERRYFIELD WAY, STORRINGTON, PULBOROUGH, RH20 4NS - £765,000

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

THREE CORNERS is a very large extended detached house of 257m², built sometime between 1976 and 1982. It was last sold for £765,000 in February 2019, which was around 26% above the average February 2019 detached price in the Horsham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

THREE CORNERS Sold Prices

Land registry data shows two sales for THREE CORNERS 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. One of the two THREE CORNERS sales was for above the average price, whilst the other was 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 26 FEB	£765,000	£607,360	26% above HPI
2004 12 AUG	£341,050	£360,511	5% below HPI

THREE CORNERS 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 THREE CORNERS sales from August 2004 and February 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 August 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is THREE CORNERS?

THREE CORNERS is 257m², which includes one extension, according to the EPC inspection conducted in November 2018. 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 THREE CORNERS lies on this distribution: 95% of detached houses are smaller than THREE CORNERS, and 5% of houses are larger. Note that EPC data is not available for all properties in Storrington.

THREE CORNERS: Plot and Title Map

THREE CORNERS sits on a plot of roughly 0.537 of an acre, or 2,172m². The below map shows the location of THREE CORNERS, 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 THREE CORNERS). 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 THREE CORNERS?

THREE CORNERS is located on MERRYFIELD WAY in STORRINGTON, in the RH20 postcode district. The below map shows the position of THREE CORNERS on MERRYFIELD WAY.