15, THE GABLES, SOUTHWATER, HORSHAM, RH13 9BW - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE GABLES is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £550,803. It was last sold for £525,000 in June 2023, which was around 29% below the average June 2023 detached price in the Horsham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 THE GABLES Sold Prices

Land registry data shows three sales for 15 THE GABLES 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 15 THE GABLES 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
2023 22 JUN	£525,000	£737,732	29% below HPI
2013 12 DEC	£290,000	£504,756	43% below HPI
2001 24 MAY	£162,500	£267,593	39% below HPI

15 THE GABLES 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 15 THE GABLES sales between May 2001 and June 2023 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 December 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 THE GABLES be worth now?

15 THE GABLES might now be worth an estimated £550,803.

This is based on house price inflation of 4.9%, between June 2023 and June 2025, 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 4.9% inflationary increase is applied to the most recent sale price for 15 THE GABLES of £525,000 on 22nd June 2023. For the value to have increased from £525,000 to £550,803 over the two years to June 2025, the following assumptions must hold true:

• The value of 15 THE GABLES has moved in line with the HPI for detached houses in the Horsham local authority area.
• The June 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE GABLES has not materially changed since June 2023.

How Large is 15 THE GABLES?

15 THE GABLES is 68m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Southwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwater, and where 15 THE GABLES lies on this distribution: 1% of detached houses houses are smaller than 15 THE GABLES, and 98% of houses are larger. Note that EPC data is not available for all properties in Southwater.

15 THE GABLES: Plot and Title Map

15 THE GABLES sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 15 THE GABLES, 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 15 THE GABLES). 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 15 THE GABLES?

15 THE GABLES is located in SOUTHWATER, in the RH13 postcode district. The below map shows the position of No. 15 on THE GABLES.