3, THE CEDARS, PARBROOK, BILLINGSHURST, RH14 9ES - £500,000

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 THE CEDARS is a very large detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £864,903. It was last sold for £500,000 in October 2009, which was around 15% above the average October 2009 detached price in the Horsham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

3 THE CEDARS Sold Prices

Land registry data shows four sales for 3 THE CEDARS 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 3 THE CEDARS 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
2009 5 OCT	£500,000	£433,828	15% above HPI
2002 23 AUG	£382,000	£327,236	17% above HPI
1998 18 AUG	£282,500	£195,156	45% above HPI
1997 1 SEP	£235,000	£164,877	43% above HPI

3 THE CEDARS 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 3 THE CEDARS sales between September 1997 and October 2009 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 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2009 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 THE CEDARS be worth now?

3 THE CEDARS might now be worth an estimated £864,903.

This is based on house price inflation of 73%, between October 2009 and April 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 73% inflationary increase is applied to the most recent sale price for 3 THE CEDARS of £500,000 on 5th October 2009. For the value to have increased from £500,000 to £864,903 over the seventeen years and six months to April 2026, the following assumptions must hold true:

• The value of 3 THE CEDARS has moved in line with the HPI for detached houses in the Horsham local authority area.
• The October 2009 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CEDARS has not materially changed since October 2009.

How Large is 3 THE CEDARS?

3 THE CEDARS is 172m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of detached houses houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingshurst, and where 3 THE CEDARS lies on this distribution: 84% of detached houses houses are smaller than 3 THE CEDARS, and 16% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

3 THE CEDARS: Plot and Title Map

3 THE CEDARS sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 3 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

3 THE CEDARS is located in PARBROOK, in the RH14 postcode district. The below map shows the position of 3 THE CEDARS in PARBROOK.