3, PENN STONE WAY, THAKEHAM, PULBOROUGH, RH20 3QR - £730,000

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.

3 PENN STONE WAY is a large detached house of 175m², which could now be worth an estimated £881,503. It was last sold for £730,000 in May 2020, which was around 14% above the average May 2020 detached price in the Horsham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

3 PENN STONE WAY Sold Prices

Land registry data shows two sales for 3 PENN STONE WAY 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 3 PENN STONE WAY 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
2020 1 MAY	£730,000	£640,965	14% above HPI
2018 8 MAR	£705,000	£655,432	8% above HPI

3 PENN STONE WAY 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 3 PENN STONE WAY sales from March 2018 and May 2020 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 2018 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 PENN STONE WAY be worth now?

3 PENN STONE WAY might now be worth an estimated £881,503.

This is based on house price inflation of 20.8%, between May 2020 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 20.8% inflationary increase is applied to the most recent sale price for 3 PENN STONE WAY of £730,000 on 1st May 2020. For the value to have increased from £730,000 to £881,503 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 3 PENN STONE WAY has moved in line with the HPI for detached houses in the Horsham local authority area.
• The May 2020 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENN STONE WAY has not materially changed since May 2020.

How Large is 3 PENN STONE WAY?

3 PENN STONE WAY is 175m² according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses houses in Abingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abingworth, and where 3 PENN STONE WAY lies on this distribution: 67% of detached houses houses are smaller than 3 PENN STONE WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Abingworth.

3 PENN STONE WAY: Plot and Title Map

3 PENN STONE WAY sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 3 PENN STONE WAY, 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 3 PENN STONE WAY). 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 3 PENN STONE WAY?

3 PENN STONE WAY is located in THAKEHAM, in the RH20 postcode district. The below map shows the position of No. 3 on PENN STONE WAY.