17, CHAPEL CLOSE, WATERSFIELD, PULBOROUGH, RH20 1SA - £360,000

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.

17 CHAPEL CLOSE is a very small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £363,730. It was last sold for £360,000 in September 2022, which was around 52% below the average September 2022 detached price in the Horsham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was B.

17 CHAPEL CLOSE Sold Prices

Land registry data shows three sales for 17 CHAPEL CLOSE 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 17 CHAPEL CLOSE 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
2022 9 SEP	£360,000	£755,812	52% below HPI
2017 28 MAR	£295,000	£637,260	54% below HPI
2003 4 APR	£209,950	£357,608	41% below HPI

17 CHAPEL CLOSE 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 17 CHAPEL CLOSE sales between April 2003 and September 2022 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 2017 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the September 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 17 CHAPEL CLOSE be worth now?

17 CHAPEL CLOSE might now be worth an estimated £363,730.

This is based on house price inflation of 1%, between September 2022 and May 2026, 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 1% inflationary increase is applied to the most recent sale price for 17 CHAPEL CLOSE of £360,000 on 9th September 2022. For the value to have increased from £360,000 to £363,730 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 17 CHAPEL CLOSE has moved in line with the HPI for detached houses in the Horsham local authority area.
• The September 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHAPEL CLOSE has not materially changed since September 2022.

How Large is 17 CHAPEL CLOSE?

17 CHAPEL CLOSE is 85m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Watersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watersfield, and where 17 CHAPEL CLOSE lies on this distribution: 7% of detached houses houses are smaller than 17 CHAPEL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Watersfield.

17 CHAPEL CLOSE: Plot and Title Map

17 CHAPEL CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 17 CHAPEL CLOSE, 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 17 CHAPEL CLOSE). 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 17 CHAPEL CLOSE?

17 CHAPEL CLOSE is located in WATERSFIELD, in the RH20 postcode district. The below map shows the position of No. 17 on CHAPEL CLOSE.